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Jun 20, 2022

It’s been a wild weekend for crypto. What’s next?

Cryptocurrency has had a rough ride over the weekend. Bitcoin dropped below a benchmark level on Saturday, then bounced back Sunday. Other cryptocurrencies have dropped as well. Part of the selloff deals with recession fears, but we discuss what else could happen. The surge in interest seen in Black-owned bookstores since the uproar over George Floyd’s 2020 murder has started to dissipate. Diabetics are sharing medicine and other items with each other due to the high price of insulin.

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Gold Bitcoins are seen in the window of a Bitcoin and cryptocurrency exchange office on October 19, 2021 in Istanbul, Turkey. The number of Bitcoin and cryptocurrency exchanges have increased across Istanbul as cryptocurrency investing continues to boom in Turkey. Many investors see cryptocurrency's growth as a shelter against inflation and the depreciating Lira. Turkey's Lira has lost 20% of it's value this year as Bitcoin approaches it's all time high on the back of today's historic debut of the first Bitcoin futures ETF on the NYSE.
Gold Bitcoins are seen in the window of a Bitcoin and cryptocurrency exchange office on October 19, 2021 in Istanbul, Turkey. The number of Bitcoin and cryptocurrency exchanges have increased across Istanbul as cryptocurrency investing continues to boom in Turkey. Many investors see cryptocurrency's growth as a shelter against inflation and the depreciating Lira. Turkey's Lira has lost 20% of it's value this year as Bitcoin approaches it's all time high on the back of today's historic debut of the first Bitcoin futures ETF on the NYSE.
Chris McGrath/Getty Images

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