This was a tough week for cryptocurrencies.
Bitcoin finally began to stabilize Friday, but not before the total cryptocurrency market lost $18 billion of its already waning value in the course of a few days.
The world’s largest and most widely owned digital asset began its slide Wednesday evening and fell below $6,200 for the first time in a month, according to data from CoinDesk. Bitcoin was mostly stable in the $6,200 range as of Friday afternoon but had kicked this week off well above $6,500, ending the week about 5 percent lower.
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