January 2018: Cryptocurrency Bloodbath

Mere weeks after Bitcoin peaked at close to $20,000 in December 2017, a widespread crash brought the crypto top dog and rest of the cryptocurrency market, down to its knees. While Bitcoin was already on a steady decline since reaching its all-time high valuation, the magnitude of the situation worsened on January 15, 2018, as other major cryptocurrencies like Bitcoin Cash, Ripple and Litecoin followed its lead.
It wasn’t just the major cryptocurrencies that declined by a significant percen