TL;DR —
Bitcoin hit lows of $3,637, down 82% from its all-time high of $19,891. Bitcoin will experience what’s known as a “halving” in May 2020, whereby the amount of Bitcoin that gets created every 10 minutes gets cut in half. Bitcoin is above $6,000 again, as of writing, Bitcoin is at $5,500 again. Crypto markets are cyclical, experiencing a pendulum swinging between optimism and pessimism.
[story continues]
Written by
@FrederikBussler
Published author and writer.
Topics and
tags
tags
cryptocurrency|blockchain|black-monday|finance|fintech|investing|vc|crypto-investing|web-monetization
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: zTjO8vVeYGQJuCs11Yo7uAUeWfVkWH6zwH9D8sgJ1gw