The history of Bitcoin is a relatively brief one, but quite exciting and volatile. That can also be said for all the cryptocurrencies in the “cryptoverse.”
The Economist asked this question first. This is a good question, but if you dig a little deeper, you will quickly realize that’s ambiguous. Thus, open to the two opposite interpretations.In the previous crypto winter in 2018, bitcoin lost more than 80% of its value before bouncing back, eventually rising to its November 2021 peak of around $69,000.
If by any chance you aren’t a fan of Monty Python's Flying Circus, then you may like Elon Musk’s thoughts about the “positive effects” of recessions: “In the stock market, people start talking about a bear market when prices decline by more than 20% and there's a widespread sense of pessimism. In theIt hurts like hell, but hold the crypto line, and don’t sell!
The broken-hearted crypto bears have a different answer to the question: Do we have the right to blame or judge them?
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