Bitcoin Keeps Reversing. Why Are 80% of Crypto Tokens Falling?
Bitcoin has spent October making both bulls and bears look foolish. It slipped below $80,000 last week, recovered toward $84,000 this week, then fell back toward $81,000. Each bounce has looked promising. Each reversal has exposed how little confidence there is behind it. The damage is much worse beneath Bitcoin’s…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Bitcoin
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