Bitcoin Outlives Tulip, Dotcom, and Every Notorious Market Bubble

Just over a year ago, the price of bitcoin registered an average low of $3,120 across many regulated and unregulated cryptocurrency exchanges. A year before that, the asset was trading at its Everest value of $20,000. The 84 percent decline in the “revolutionary” financial asset allowed Bloomberg to reiterate that bitcoin, indeed, was a bubble.
However, as of December 2019, the cryptocurrency is looking to close the year at a roughly doubled rate. At around $7,100, it is more than 10