A power struggle erased billions of dollars off Bitcoin, and it's about to get worse
If you've been following the price of Bitcoin, you're accustomed to volatility. Since the beginning of 2017, the price has quadrupled, but a few sharp drops meant that investors could've easily lost money as well.
But the recent price drop—from an all-time high of around $4,500 to $3,500, and then back to $4,200 again—is different.
This volatility comes shortly after the introduction of Bitcoin's recently forged brother, Bitcoin Cash. This other cryptocoin was created on August 1 by a group that wasn't happy with the direction Bitcoin was heading. Read more...
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A power struggle erased billions of dollars off Bitcoin, and it's about to get worse
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Thursday, August 24, 2017
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