This Year’s Bitcoin Crash Is Normal

in bitcoin •  7 years ago 

Bitcoin hit all time highs near USD 20,000 in December 2017 and since then has been in a constant decline which has seen its price drop roughly 66% to USD 6,750 as of this writing, shaving USD 210 billion off of its market cap. This has caused much gloom and stress among investors and traders, especially all the new investors that were attracted to Bitcoin during its historic price rise.
However, Bitcoin old timers like Changpeng Zhao know that this type of Bitcoin market crash is simply business as usual.

Read full article at https://bitcoinnews.com/this-years-bitcoin-crash-is-normal/

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@bitcoinnewsvideo While no one likes to see the price go down, those who understand the @crypto space are not influenced by price declines. Development continues, and the risk reward is better than its ever been.

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