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A Hong Kong protester with a petrol bomb. File photo: Dylan Hollingsworth/HKFP. Just at this time, Bitcoin and the broader crypto market have dropped to new 2022 lows. The Bitcoin price has tanked 10 percent dropping to $20,000. On the other hand, the altcoin space is witnessing even more brutal correction. Bitcoin has dropped nearly 60 percent year-to-date and more than 70 percent since its all-time high in November 2021. The administrator of a telegram group, "Suck Channel," was sentenced to six years and six months in prison for seven counts of incitement yesterday. With Bitcoin down 30% in the past week, some crypto traders have taken to Telegram to βvoiceβ their feelings.
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