Crypto's $700 Billion Swoon Bloodies ‘Electronic Cash’ Dream942.4

The world’s biggest digital coin began life promising to become “electronic cash,” but Bitcoin and its swarm of imitators are slipping deeper into the shadows of traditional payment services.

The funk engulfing cryptocurrencies has now sent the total value of the 100 largest tokens to around half that of Visa Inc. In January they were worth almost three times the credit card Goliath.

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