News > Bitcoin Continues To Drop From All Time High; Down Over 26%
Bitcoin Continues To Drop From All Time High; Down Over 26%
Good Returns | 01/03/2021 11:14 PM | Click to read full article
After major institutional players supported bitcoin, it scaled t a massive $583514 on February 21, 2021. And now since then it has seen a huge fall of over 26% to $43,165 levels on Sunday.
The sheer amount of energy needed to mine Bitcoin and the prospect that governments will create more obstacles for the largest cryptocurrency point to the token losing "most of its value over time," BCA Research Inc. said.
