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Digital Desk : A new controversy has erupted between singers Diljit Dosanjh and AP Dhillon. It took centre stage during AP Dhillon's concert in Chandigarh where he accused Diljit of blocking him on Instagram.
Meanwhile, the second-largest cryptocurrency, Ether (ETH), has also dropped significantly.
Digital Desk: On Monday, the crypto winter hit hard, with the price of a single Bitcoin falling to about $25,600, an 18-month low.
The world's largest cryptocurrency fell another 7% on fears of a risk-off attitude due to a substantial spike in global inflation, particularly in the United States.
Bitcoin hit an all-time high of almost $68,000 in November 2021 but has since dropped by more than 60%.
Economists predict that Bitcoin will surpass $14,000 this year at this rate.
In a Twitter conversation, Venturefounder, a contributor at on-chain analytics platform CryptoQuant, predicted 2022 that Bitcoin would "capitulate".
"In the next 670 days, BTC will capitulate in the next 6 months and hit cycle bottom ($14-21k), then chop around $28-40k in most of 2023 and be at ~$40k again by next halving," tweets read.
Bitcoin would have dropped roughly 80% from its all-time high of $68,000 to the projected bottom range of $14,000.
Meanwhile, the second-largest cryptocurrency, Ether (ETH), has also dropped significantly.
Over the weekend, Ethereum values dropped, bringing the world's second-largest digital asset down below its 2018 high.
The Ethereum market has slipped below the 'ETH Realized Price' of $1,781, according to the on-chain analytics service Glassnode.
On Monday, the cryptocurrency fell to $1,355 resulting in unrealized losses of over 40%.
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