Stocks

So What's The Deal With Bitcoin, Cryptocurrency Prices?



It doesn’t seem that long ago.

On Nov. 10, 2021, bitcoin reached its all-time high of $69,044.77. On that same day, the Dow Jones Industrial Average finished down 112.24%, or 0.3%

But things changed rapidly and as of Monday, May 9, bitcoin was down nearly 5% to $33,001 at last check. The price is off 14.4% from 7 days ago and down a stunning 52.4% from that day in November.

Ethereum was down 6.4% to $2,407.97 and off 15% for the week. The cryptocurrency is down 38.5% from a year ago.

And dogecoin was off about 7% to $0.117367. The meme coin is off 11.7% from a week ago, and down nearly 82% from a year ago.





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businesscable.co.uk

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