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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?
Abhimanyu Ghoshal
Story by

Abhimanyu Ghoshal

Managing Editor

Abhimanyu is TNW's Managing Editor, and is all about personal devices, Asia's tech ecosystem, as well as the intersection of technology and Abhimanyu is TNW's Managing Editor, and is all about personal devices, Asia's tech ecosystem, as well as the intersection of technology and culture. Hit him up on Twitter, or write in: [email protected].

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.

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