Bitcoin's Rollercoaster 2017: What's Happened So Far

Bitcoin's Rollercoaster 2017: What's Happened So Far

2016 may have been a dynamic year for the price of bitcoin, but 2017 is shaping up to be a dramatic one already. Bitcoin's race past $1,000 (and subsequent gyrations above and below that line) have already sparked headlines (both good and bad) worldwide, as today's dramatic fall from above $1,100 drove a massive influx of interest in the the digital currency. If you’re just tuning in to the action, you may be wondering how things got to this point in the first place. To get you up to speed, it may be helpful to look back at the past week's major price developments that took exchange....


Related News

Is it Too Late to Invest in Bitcoin?

The rollercoaster of cryptocurrency prices started off on a wild ride in 2021, exceeding records previously set and abating the significant losses crypto investors had to endure ever since 2017. After its tumble at the end of 2017, Bitcoin broke records, reaching its greatest ever highs in March of 2021, topping the $62,000 mark. And […]

From Greed To Fear In A Flash: Reliving The Recent Crypto Rollercoaster

The crypto market has been on what can only be described as a rollercoaster recently. This has put investors through the wringer and pushed even the most seasoned investors to the edge of their seats. Patience has never been more important than it is now as market sentiment continues to crash into the negative. Taking […]

Blockchain's R-Word (And 3 Other Trends for 2017)

2016 has been a rollercoaster year for those of us following blockchain and distributed ledger tech. Whether it was bitcoin pushing toward $1,000, a consortium of banks open-sourcing software with R3's Corda, or government and central banks supporting blockchain experimentations, you can't deny the subject has been everywhere. While some have grown tired of the endless press releases and bickering about ledger designs, in the background, real progress is being made, and major organizations are already placing their bets. In 2017, I’m watching for maturity in the active projects both from....

Roger Ver: 2017 Will Be the Best Year for Bitcoin

With Bitcoin price rising like an eagle, albeit a slight slump on Christmas, it ricocheted back impressively heading to $1000. In fact, next month is precisely eight good years since the first Bitcoin block was mined. In less than a week, the price rose more than 12 percent and looking at some factors the prospects in 2017 are all auspicious. Bitcoin experts believe that the current trend of an upward adjustment for the pioneer cryptocurrency will continue unabated in 2017. Roger Ver, also known as Bitcoin Jesus, and owner of Bitcoin.com holds the belief that there is good reason to think....

Markets Update: The New Year’s Cryptocurrency Rollercoaster

It’s been quite a rollercoaster in the cryptocurrency markets the past few days. Bitcoin had a significant bull run during the first two days of the year followed by a major downturn after nearly reaching its all-time high. During this turbulent price volatility all cryptocurrency market capitalizations have been affected. The Ups and Downs of 2017’s....