NEW YORK: Bitcoin, ethereum and other cryptocurrencies have obviously had a horrible week. And while it’s foolish to try predicting where things go next, there are two big similarities between this move and the one we saw at the end of 2017, the last time bitcoin made its peak.
The first is that just like last time, the bitcoin peak came almost exactly at the point of a major milestone in institutional acceptance.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
