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Cryptocurrencies lose $130bn in value in 24 hours

Bitcoin starts to bounce back after hitting a 6-month low, as the latest sell-off hits crypto markets across the board. We’ll take a look at what’s behind the latest losses and if they are expected to continue. And it’s not just crypto, US markets are also struggling, with the S&P logging its worst day since the pandemic began, and the Nasdaq falling deeper into correction territory. We’ll take a look at what’s going on with the markets. Plus, the UK’s economic recovery is in jeopardy as growth plummets to its lowest level in nearly a year. We check in with what’s going on in the UK.

Cryptocurrencies lose $130bn in value in 24 hours
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.