Tag: caused some investors sell

How Low Was Bitcoin

Bitcoin was worth $1,000 in January. It plummeted to $6,000 by mid-June. As of this writing, it sits at about $8,200. What happened? Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin […]