Bitcoin plunged more than 10% on Thursday, sparking concerns , The Continent Times
Bitcoin plunged more than 10% on Thursday, sparking concerns

– Bitcoin’s volatility has concerned the Feds for a while now
– Hundreds of investors say that they “have made millions of dollars” with bitcoins in less than a year

Today bitcoin plunged to more than 10%, which has sparked many concerns about this notorious volatile digital currency. Although later on many investors found that the this increase does not mean much, and thus it shouldn’t be a real concern, since as most investors have found out by now, bitcoin strength is perhaps mostly found in its unique volatility than price stability.

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Bitcoin Stock at 9:00 AM | Today

As of today, Bitcoin is worth $31,890. The highest it has been since days. The Biden‘s Administration might take new measurements about the currency, though, it has not signaled an interest to do so for now.