Roller Coaster Ride!
The blockchain and cryptocurrency sectors have left everyone in a tailspin, but there’s a bigger picture to look at in regards to this emerging sector.
In the aftermath of a bitter bear market for Bitcoin and other digital assets, in early 2016, cryptocurrencies and blockchain geared up for what we now look at as one of the greatest bull markets of recent times.
Bitcoin is currently trading in the $4,000 region, putting it roughly 80% below the all-time highs we witnessed at the start of the year!
What goes up always comes down (80%-plus in this case). Since the mania phase at the start of the year, cryptocurrency prices across the markets rinsed beginners and professionals alike.
This recent image shows us what we are more familiar with, as the recent and most likely worst sell-off cryptocurrencies have seen so far yielded further turmoil this last week.
It’s Already Bad, But Could be a lot Worse (as Crazy as That Sounds)!
FIND OUT HOW MUCH WORSE IT CAN GET HERE >>> https://www.crushthestreet.com/articles/digital-currencies/lets-zoom-out-and-look-at-how-high-and-low-cryptocurrencies-have-come-since-2016