According to statistics, the price of Bitcoin has dropped by around 70% for its top late last year. Also commonly, cryptocurrencies become registered a not-so-cryptic apocalypse. The advantage of leading coins such as Ether, EOS, Litecoin, and XRP have all declined by over 80%, thousands of other digital currencies have plummeted by 90-99%, and the rest have been exposed as outright frauds. No one should be surprised by this.Faced with the public exhibition of a market bloodbath, boosters have left to the last refuge of the crypto: a defense of blockchain", the distributed-ledger software underpinning all cryptocurrencies.

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