There has been a volatile fluctuation in the price of Bitcoin in the past few weeks. The price has dropped by more than 2% from Monday, when it hit a fresh high of more over $51,000. Though it may seem insignificant in the larger scheme of things, some investors have been alarmed by this.
The recent decline in price indicates that the Bitcoin bubble is ready to pop. Some others think the price will soon rise because it’s just a healthy correction. Time will tell what the future of Bitcoin holds, but one thing is certain: it is a volatile asset that should not be handled lightly.
Source (CNBC)
