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Bloomberg Markets and Finance published this video item, entitled “What Causes a Bitcoin Collapse?” – below is their description.
Bitcoin is renowned for meteoric price rises. It’s equally notorious for regular price collapses. What’s the common factor in Bitcoin’s historic price drops? Presented by @CME Group: https://www.cmegroup.com/openmarkets/economics/2021/the-market-for-digital-currencies.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insightsBloomberg Markets and Finance YouTube Channel
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In This Story: Bitcoin
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.