Bitcoin Price Falls 54% From Its High

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Bitcoin Price Falls 54% From Its High
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Bitcoin fell to $31,000 on Monday, down 54% from its record high in November

The U.S. quickly became the world leader in bitcoin mining after China cracked down on crypto last year.

WSJ’s Shelby Holliday takes a look at what the global shift has meant for the bitcoin network, the energy industry and the environment. Photo: Mark Felix/Agence France-Presse/Getty Imagesfrom last week, mirroring the fall of the broader stock market.

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