According to the New York Times, the fall in Bitcoin was accelerated in recent weeks by the collapse of two major cryptocurrency projects; this sows doubts about the stability of the overall cryptocurrency market.
- Bitcoin dropped below $20,000 this week. This is the first time since when?
- From March 2020 to November 2021, what happened to the price of a single Bitcoin?
- What are the signs that Wall Street and Fortune 500 companies have become more open to cryptocurrency that they dismissed during an earlier time?
- What actions have regulators taken with respect to cryptocurrencies and why?
Griffith, E. and D. Yaffe-Bellany. Bitcoin Plummets Below $20,000 for First Time Since Late 2020. The New York Times, June 18 (Retrievable online at https://www.nytimes.com/2022/06/18/technology/bitcoin-20000.html)