Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

CryptoGlobe

2022-11-25 08:59:46

If Bitcoin Is So Valuable, Why Is It Down So Much This Year?

If Bitcoin Is So Valuable, Why Is It Down So Much This Year?

If a no-coiner friend or relative asked you this question, how would you answer? It is worth bearing in mind that so far this year, the Bitcoin price (trading around $16,430 as of 8:50 a.m. UTC on 25 November 2022), which reached its all-time high of around $69,044 on 10 November 2022, is down roughly

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