Alibaba Suffers From the Chinese Crackdown on Cryptos, As the Digital Yuan Approaches [Skerdian Meta] • 2 min read Alibaba has been a great investment as Baba stocks increased from $55 to $320 in four years. Alibaba became one of the biggest companies around the globe and its $37 billion IPO was expected to be the biggest one in stock markets. But, Alibabastocks have turned bearish. It has lost around 50% of the value since topping out in October last year and there’s some good reason behind that. The founder of Alibaba Jack Ma and the giant company have been…