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Seeking Alpha 2022-05-18 12:00:00

Perspectives On The Current Crypto Slump

I’d like to focus on how we can better understand the current cryptocurrency market movement by looking at the S&P Cryptocurrency Indices.When we look at the S&P Bitcoin Index specifically, we can see that the two largest drawdowns since inception were 76% and 71%.Looking at the S&P Cryptocurrency Indices overall, we can see that performance has varied based on market cap YTD.

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