LONDON, ENGLAND – NOVEMBER 20: A visual representation of the cryptocurrency Bitcoin on November … [+] 20, 2018 in London, England. Cryptocurrencies including Bitcoin, Ethereum, Ripple and Litecoin showed unprecedented growth in 2017, growing more than 5000%, with market-leader Bitcoin topping out at nearly 20,000 USD per Bitcoin just before the new year. Since then however, the whole cryptocurrency sector has declined dramatically losing over 80% it’s value. In recent days, Bitcoin has dropped sharply to new yearly-lows to around 4300 USD at the time of writing. The sector has divided opinions within financial circles with some leading figures claiming it’s revolutionary effects on the monetary system, whilst others calling it nothing other than a speculative bubble. (Photo by Jordan Mansfield/Getty Images)
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Things are stirring in the cryptocurrency world. There is a burgeoning debate about central bank issued digital currencies, and in the past month bitcoin has…
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