Why Did Bitcoin Collapse In 2017

Last Updated on February 15, 2023 by Paganoto

Bitcoin's record price surge of 2017 was caused by a single …

Bitcoin’s dramatic price surge in 2017 that saw it reach record highs was caused by a single cryptocurrency trader, according to a new study …

Bitcoin (BTC) could be forming a so-called “double top” pattern after falling by over 30% from its record high of $69,000, suggests Peter …

boom and 2018 crash

New research says at least half of the 2017 rise in bitcoin prices was due to coordinated price manipulation using another cryptocurrency …

Why it happened: While bitcoin price moves can be inscrutable, the prime reason for the latest crash can be summed up in one word: China. After …

It just so happens that in 2017, Bitcoin peaked on Dec. 17 of that year. That was basically the exact moment that the CME launched Bitcoin …

2017 was a landmark year for Bitcoin, which broke all its own records and peaked near $20,000. Then, on Dec. 27, it all came crashing down …

On Wednesday, however, this came to a sudden end. Because of a lack of support from the community, advocates feared not enough people would …

Analysts are variously blaming concerns about regulation, light trading volumes in Asia, bitcoin futures, and an unsustainable price run-up …

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.