Bitcoin bulls had an high-quality 2017, with the fee of the cryptocurrency growing extra than twelvefold on the year. alas for bitcoin buyers, 2018 has belonged to the bears.

After another difficult month in March, bitcoin has now lost kind of 1/2 of its price considering Jan. 1 and approximately two-thirds of its cost considering the fact that hitting an all-time excessive of approximately $20,000 in December. At this point, the bitcoin sell-off has passed the fifty seven decline the standard & terrible's 500 index made at some point of the 2008-2009 monetary crisis.