On its 10th birthday, Bitcoin faced a year-on-year loss, the first major loss since last year’s bull market.
As at yesterday, Bitcoin was traded at $6,263 on the BitStamp exchange, leaving investors who had bought it at last year’s Halloween incurring losses of about 3 percent. A year ago, bitcoin traded at $6,443.22.
Bitcoin has endured a year-on-year loss before, according to data from CryptoCompare in 2015.
The Investors who took the dive early on bitcoin and have stuck with it have faced the ups and downs of the market in its first decade of which many are optimistic about its success.
[…] investors recount woes wing to the crash of bitcoin on its 10th anniversary, read more here, the decline of bitcoin doesn’t seem to come to an end as it further crashes by 35% in the past […]
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