Buyers beware as “altcoin” frenzy bruises bitcoin

  • Bitcoin’s rivals gain market share on retail buying
  • Its share of $2 trillion crypto market lowest in 2 years
  • Army of small investors focused on fun and gains, not risk
  • Many, like Dogecoin, barely used in real-life transactions
  • Volatility can expose new investors to high risk

LONDON, May 18 (Reuters) – Bitcoin’s smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its heels, most have little use beyond financial trading – but few of the…

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