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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

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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