The good people at Visual Capitalist make their fascinating, dazzling, and colourful charts available for free to share across the web.
This chart of the week nicely lays out Bitcoin’s multiple crashes over the years including this week’s plunge of 51 per cent from its recent peak.
Bitcoin always bounces back eventually to hit new highs. What will happen this time with governments and regulators breathing down the cryptocurrency’s neck?
And what should we make of the fact Bitcoin’s dominance among cryptocurrencies is waning having dropped from 71 per cent of crypto trading volume at the end of 2020 to the current 43 per cent?
Image source: www.coinrivet.com
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