Bitcoin Is at Its Lowest Level Since November 2024. Should Investors Be Worried?

On Jan. 20, Bitcoin (CRYPTO: BTC) hit a new all-time high of more than $109,000. At the time, many investors were expecting the pro-crypto policies of the incoming Trump administration to send the price of Bitcoin soaring even higher.In fact, quite the opposite has happened. Bitcoin is now down about 25% since Jan. 20. At a current price of $82,000, it is now close to where it was back in November 2024, when crypto euphoria reignited. Should investors be concerned?The first thing you should know is that Bitcoin has gone through many price swings in its history that have been much more violent and unexpected than the one we are currently experiencing. In fact, Cathie Wood of Ark Invest has tracked at least five different times in Bitcoin's history when it has lost 77% or more of its value.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool