A Crash By Any Other Name: Bitcoin Down 40% Since November

Published by
The Street

By M. Corey Goldman The debate over cryptocurrencies and their inherent value rages on as bitcoin loses 40% of its value since touching an all-time high of $67,553.95 on November 8. They say something is only worth what someone else is willing to pay. For holders of bitcoin and other cryptocurrencies and digital assets, that increasingly appears to be the reality. Bitcoin has lost more than 40% of its value since touching a high of $67,553.95 on November 8. On Monday, it briefly dipped below $40,000 to its lowest level since September. It recovered in early trading on Tuesday, hovering around …

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