The price of Bitcoin has fallen a stomach-wrenching 64.5% since December 17, 2017. The combined market capitalization of the industry now stands at just $338 billion. A picture tells a thousand words:
That’s a big drop for any market. However, a price crash in Bitcoin or any other cryptocurrency is nothing new. Bitcoin dies and comes back to life on a regular basis. One website estimates Bitcoin’s death toll stands at 249 and counting, dating back to 2010.
2017 has been the most deadly with 109 stories proclaiming the end of bitcoin.
