Bitcoin Erases Year’s Gain as Crypto Bear Market Deepens

655″Just a little more than a month after reaching an all-time high, Bitcoin has erased the more than 30% gain registered since the start of the year…” reports Bloomberg:

The dominant cryptocurrency fell below US$93,714 on Sunday, pushing the price beneath the closing level reached at the end of last year, when financial markets were rallying following President Donald Trump’s election victory. Bitcoin soared to a record US$126,251 on Oct 6, only to begin tumbling four…