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Crypto Bros in Meltdown as Bitcoin Crashes
['Joe Wilkins', 'Maggie Harrison Dupré', 'Frank Landymore', 'Victor Tangermann', 'Noor Al-Sibai']
Futurism
The crypto market has not had a cozy winter.
After Bitcoin suffered some epic tumbles in November, the OG cryptocurrency had been hovering around $90,000 — until today, that is.
Now, as crypto analysts speculate whether further downfalls are in Bitcoin’s future, crypto bros are struggling to maintain a cohesive narrative in the face of such epic volatility.
“Amazing tech.”Others compared Bitcoin to gold futures, which have been volatile day-to-day, but are up to record highs overall.
Very frustrating.”More on crypto: Bitcoin Crashing Is Actually Awesome News for Regular People, Economist Says