Bitcoin Tanks From Highs, But Still Up Significantly YTD

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AntonMatyukha - Bitcoin Tanks From Highs, But Still Up Significantly YTD

Over the course of the first six months of the year, Bitcoin managed to go on a remarkable rally that raised the possibility of the world’s biggest cryptocurrency to reach the levels it had reached back in 2017. At the time, the price of one Bitcoin token had almost touched $20,000.

However, the momentum soon went out of the coin, and it started dropping in July. In recent days, Bitcoin experienced rapid slumps, and for the first time in four months, it lost as much as $2,000. Although it did make a recovery, it makes for …

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