Data Reveals the Reasons Behind Bitcoin’s Big Dip

As everyone knows, bitcoin has dropped roughly three-fold from its December peak. At the height of the mania it touched $20,000 but has since fallen to as low as $6,000. The question of what caused the great decline is one that most bitcoiners have an opinion on. In a bid to settle the matter once and for all, Chainalysis has pored over the data to determine what happened.

Also read: South Korea Planning to Formally Allow ICOs

Bitcoin and the Bottomless Dip

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