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Thomas Lee Presents The Economics of Cryptocurrencies - Upfront Summit 2018But in the latest boom, ethereum, the number two cryptocurrency, had an even more impressive climb, from just $ to a high of almost $5, in. Cryptocurrency's collapse has now surpassed the Nasdaq Composite Index's 78 per cent peak-to-trough decline after the dot-com bubble burst in. India's latest decisions governing cryptocurrency portend turbulent times ahead for the country's nascent but booming digital currency.