This article was published on November 30, 2017

Bitcoin lost $2,000 in a single day, but that’s okay – right?


Bitcoin lost $2,000 in a single day, but that’s okay – right?

Bitcoin made cryptocurrency enthusiasts’ heads spin this week when its value first crossed $10,000 two days ago, and then surged past $11,000. But it also alarmingly dropped by more than $2,000 within a few short hours of crossing that milestone.

Perhaps you don’t really need to worry – at the time of writing (5:38AM GMT), Bitcoin looks to be hovering around $10,370 – up from its low of $9,749, as per Coindesk.

I’ll be honest, I’m terribly risk-averse, so this roller-coaster ride makes me uneasy – but I understand that this is par for the course for folks entrenched in the crypto scene. Everything will be okay.

I think.

Get the TNW newsletter

Get the most important tech news in your inbox each week.

Also tagged with


Published
Back to top