By Vin Narayanan Earlier this week, the Fix actually said out loud, “Bitcoin has been pretty boring lately.” One day later, bitcoin fell 15% and traded below $8,000 for the first time since June. Oops.
In the Fix’s defense, bitcoin had spent most of the month trading between $10,000 and $11,000. And volatility had reached its lowest point since April.
After the crash, our Adam Sharp wrote a terrific piece for our First Stage Investor members explaining why the price of bitcoin fell – and what you should do about it.
Bitcoin’s fall wasn’t the only big news story this week. In fact, this was the …read more