News/finance/crypto currency: Revision history

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9 May 2024

  • curprev 02:3402:34, 9 May 202469.242.35.150 talk 10,549 bytes +10,549 Bitcoin has been the financial equivalent of a bungee-cord jump over the past half-dozen years, trading as low as $1,000 in early 2017 before soaring to a record over $68,000 about four years later, then plunging to around $16,000 by late 2022. After nearly tripling in value during 2023, as of mid-February 2024, bitcoin was moving close to $52,000. Some attributed those gains in bitcoin and other riskier assets to the Federal Reserve's pledge to move away from historically high interest rates to