Business News

Where does this 28% Bitcoin price drop rank in history? Not even in the top 5 – Cointelegraph

Bitcoin (BTC) may have dipped 28% in recent days but analysts have already put the scale of the losses firmly in context. 
As noted on Jan.12 by Nathaniel Whittemore, host of The Breakdown Podcast, the period between 2016 and 2017 alone saw a grand total of six corrections that were larger than this week’s drawdown.
BTC price correction bows to 2017
2017 is famous among market participants as being a record-breaking year for price action. In addition to 1,000% annual gains, Bitcoin saw multiple…

Click here to view the original article.

Related Posts

You might also like ...