INFLATION CRISIS

WATCH: Boom, crypto crashes by an eye-watering $250 billion

It's now ranging just over $40,000 per coin

In Summary

• In March, Bitcoin was worth $47,000 per coin.

• It's now ranging just over $40,000 per coin.

After a steady three weeks, crypto has taken a plunge.

Crypto prices tanked in the past few days, sending the values of digital tokens plummeting to low levels.

Bitcoin and Ethereum are among the $250 billion crypto crash.

Bitcoin was trading near $47,000 early last week but then fell under $45,000 last Wednesday.

The price slipped under $40,000 Wednesday morning.

The plunge comes amid predictions by experts that Bitcoin's price could hit $100,000 by end of 2022 - and this being a matter of when, not if.

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