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Bitcoin’s Recent Volatility Risks Deflationary Spiral

by Joel Hruska

Bitcoin’s price has been rising for the past two months and skyrocketing for the past few weeks. As of this writing, prices are fluctuating wildly across multiple exchanges, with some listing a per-BTC price as high as $18,259 and others holding around the $16,500 mark. It’s unusual to see gaps that large between exchanges, and the cryptocurrency’s…

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