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Cryptocurrency Explained: All the ships are sinking (Currency Wars II)The price of a single Bitcoin has dropped % this week, with the cryptocurrency on pace for its worst weekly performance since the end of Crypto market today � Bitcoin sinks below $42K. 18/01 Today's crypto headlines are dominated by a notable event as Bitcoin, the pioneer and. Bitcoin, looking sturdy yesterday afternoon above $42, lost the chimney and a few external decorations as it shrivelled into $40, in the.