Since Bitcoin’s rapid rise to and subsequent tumble from just shy of $20,000 in December of 2017, many investors have been asking if crypto is dead. After all, the price of Bitcoin as of Thursday at 11:00 PM EST is just $3914. This represents an over 80% reduction in value from its peak just over a year ago. But recently, the gears of the crypto market have been whirring to life again, with some coins showing immense promise.
By Mason Mohon | @mohonofficial
The news is in, and crypto is apparently dead. Again. After reaching a peak of nearly $20k in December of 2017, Bitcoin has been on a steady decline, ready to end 2018 at a far lower point than it began it with. With Bitcoin has gone every other major cryptocurrency. They are all on a steady decline, and those that invested at the all-time-high are most definitely on some kind of suicide watch.