Bitcoin’s brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto winter.
Bitcoin’s rise in the last 12 months has had a lot to do with the billionaires and corporations that are buying bitcoin in big amounts.
I’ve never seen an exodus like this before,” said Darin Feinstein, Founder of Blockcap, one of the largest bitcoin mining operators in North America.
Short-term, bitcoin believes think crypto prices stabilize at price levels that are still higher than previous plateaus.