“This storm is on a whole new level” – Here’s why this Bitcoin and cryptocurrency crash is different from previous ones – The ₿log

Bear markets have become almost routine for the prices of Bitcoin and other cryptocurrencies. Since its launch in 2009, the price of Bitcoin has fallen by more than 50% on six occasions. Coinbase CEO ( CORNER ), Brian Armstrong, in a June 14 letter announcing an 18% staff cut, offered reassurance despite Bitcoin’s latest crash … Read more