Bitcoin’s Boom and Bust

Bitcoin’s Boom and Bust

29 July 2023

As the world of cryptocurrencies continues to evolve at a breakneck pace, it’s no wonder that governments and regulators have been scrambling to keep up.

Bitcoin, the leading cryptocurrency, has declined by nearly two-thirds from its peak in late 2021, and a Bank for International Settlements analysis in November 2022 revealed that approximately three-quarters of investors have experienced losses.

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