FAQ?
What happened to the bitcoin price?
The bitcoin price has crashed by around 75% since hitting an all-time high of almost $70,000 per bitcoin last year, plunging crypto companies into crisis and forcing Coinbase's chief executive to issue a stark warning.
What happened to Bitcoin and Ethereum?
For the year through Thursday evening, bitcoin BTCUSD, 0.03% was down 64.2%, while Ethereum ETHUSD, 0.10% was posting a slide of 67.6%. Both were on pace for their worst year since 2018, according to Dow Jones Market Data. Bitcoin was off 0.6% at $16,521 in recent trade, according to FactSet, while Ethereum was off 0.4% near $1,195.
What happened to the cryptocurrency market this year?
Both were on pace for their worst year since 2018, according to Dow Jones Market Data. Bitcoin was off 0.6% at $16,521 in recent trade, according to FactSet, while Ethereum was off 0.4% near $1,195. The cryptocurrency market has been hard hit this year, losing over $2 trillion in value since its peak in 2021.
Does Mark Cuban want the bitcoin price to keep falling?
Now, Mark Cuban, the billionaire Shark Tank star and bitcoin critic-turned-crypto investor, has said he wants the bitcoin price to keep falling—so he can buy more. Want to stay ahead of the market and understand the latest crypto news? Sign up now for the free CryptoCodex — A daily newsletter for traders, investors and the crypto-curious