Bitcoin is on a downward trend and is expected to plunge toward $12,000 in the near future. Here’s why: 1. Bitcoin is not a reliable store of value. The value of Bitcoin has been incredibly volatile over the years, swinging from a high of $19,783 in December 2017 to a low of $3,194 in December […]
Why Did Bitcoin Crash In 2017
Bitcoin, the most popular cryptocurrency in the world, had a turbulent 2017. Its value skyrocketed in the first few months of the year, reaching a high of $19,783 in January. However, it then experienced a sharp decline, falling to a low of $6000 in February. Overall, its value decreased by more than 60% throughout the […]
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