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9 days ago

Volatility is back for Bitcoin. After reaching a new yearly high at $12,100, BTC tanked by over $1,500. Most altcoins experienced similar price developments before the market stabilized.

The cryptocurrency market went through a Sunday morning roller-coster with some intense moves charted. Bitcoin marked a new yearly high of above $12,000 before tanking in a matter of minutes to $10,490 (on Binance). Similar developments followed most altcoins, but the market appears to have calmed now.