Bitcoin’s Bear Market May be Brutal but It Isn’t Its Worst Crash

Bitcoin’s Bear Market May be Brutal but It Isn’t Its Worst Crash
ôîòî ïîêàçàíî ñ : bitcoints.com

2018-6-30 23:41

Bitcoin fell to $5,845 today, its lowest level against the dollar since October, and down from the December record high of more than $19,000.
Regulators in the US and Japan are increasing their scrutiny on trading venues on concerns over money laundering and market manipulation (paywall).
While the latest price decline isn’t yet as severe as it was during bitcoin’s first bear market, the destruction of market value has been much larger than the last bust, given how much more money is invested in bitcoin now.
By the end of the 2013-15 bear market, bitcoin’s market cap had fallen by more than $10 billion from peak to trough, according to Coinmarketcap.com.
This time around, more than $200 billion in market value has gone up in smoke.

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