Bitcoin isn’t doing well, as of late. The father of crypto has crashed repeatedly over the past several days and now stands at a measly $4,400. This is miles below its not-so-stellar price of $6,300, which it was trading at for most of last week.
A new report states that bitcoin has fallen by roughly 75 percent from its previous all-time high of $19,000+ in December 2017. These were what some refer to as the “glory days” of bitcoin. Exchanges like Coinbase were experiencing huge bursts in popularity and adding hundreds of thousands of users in single weeks. Bitcoin appeared unstoppable, and everybody rushed to get in on the action.