Crypto News: Five Bitcoin Crashes and What You Can Learn From Them

With Bitcoin price reaching a new high of $5,000 recently, and then dumping back down to nearly $3,000, it’s been a wild ride this month.

These crashes are part and parcel of the volatile digital currency, and drops of 10, 20, even 40 percent are not that uncommon.

Since Bitcoin began, there have been some major crashes, but there have also been some good lessons to learn.

In one of the earlier and larger drops, Bitcoin price went from $233 to $67 overnight, a massive 71 percent drop in 12 hours. It would take seven months to recover.

Full story at http://bit.ly/2yvPtmT

Source: CoinTelegraph

 

 

 

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