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Opinion: Bitcoin owners are bellyaching about its plunge, but the digital currency’s volatility is no more extreme than that of stocks

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Some bitcoin owners are complaining about the cruel and unfair twists of fate that have led the cryptocurrency to plunge in recent days.

In a five-day period from last weekend to its Wednesday low, as cryptocurrency exchange FTX unraveled, bitcoin BTCUSD fell nearly 30%. And that came on top of the huge loss it had suffered in the previous year. (Bitcoin bounced Thursday, but it’s unclear whether that was just a so-called dead cat bounce.)

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