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Is Bitcoin Crashing? Here’s What You Need To Know
Are we in the middle of a Bitcoin crash?
Let's take a look at Bitcoin's pricing history. One Bitcoin sold for $4,000 in early 2020, and by November 2021, it had risen to $69,000.
Many people became millionaires, but the price has dropped dramatically from November to May 2022, to roughly $30,000. This is a reduction of more than half. As a result, many investors who bought Bitcoin when it was in the stratosphere are now losing money.
Bitcoin and the broader crypto market are open 24 hours a day, so prices can fluctuate drastically. Is this, however, the worst Bitcoin crash ever? Let's take a look
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