Why Bitcoin Could Smash Through $50,000 Before the End of the Year
Oh, how the mighty have fallen.
The first, and still the most valuable cryptocurrency by market capitalization, Bitcoin (CRYPTO: BTC) remains the top dog in this realm. The king of cryptocurrencies, Bitcoin's directional moves tend to determine the overall direction of the crypto market. Of late, that direction has been down.
Bitcoin has fallen from its high of more than $68,000 per token seen just last month to the $46,000 level as of Dec. 13. That's good for a drop of more than 30% from its peak, putting this top cryptocurrency squarely into bear market territory.
Source Fool.com
