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\And more than $ billion was wiped out by a crash in cryptocurrency prices since Monday. The crypto world went into a full meltdown this. The U.S. Federal Reserve's stance on interest rate hikes has moved the crypto market upside down. Bitcoin crossed the level of $31, in July. With its recent price declines, Bitcoin is down nearly 9% in the first month of And its current price around $38, is more than 44%.