That depreciation is on full display at the moment and not being helped by big banks
turning against bitcoin.
Not exact matches
Similar to China, Indian investors are increasingly
turning to
Bitcoin, which most view as a hedge
against fiat currency.
In an interesting
turn of events, Roger Ver bets
against SegWit
Bitcoin Upgrade at Anarchapulco Conference.
Following a hack
against the exchange Coincheck last week, CoinDesk's
Bitcoin Price Index (BPI)
turned lower from $ 11,942 (Sunday high), ultimately hitting a low of $ 11,110 at 09:59 UTC Monday.
That decision inspired the
bitcoin community to erupt in a somewhat violent display of solidarity
against the company's products, and led to accusations that Apple had abandoned its principles by
turning its back on innovation.