Why Is Bitcoin Price So Volatile and Will It Ever Be Stable?
It has been 13 years since the cryptocurrency token Bitcoin was introduced to the world, and it is as volatile as ever. Last year alone, Bitcoin saw tremendous losses that its price plunged 30 percent at one point, along with incredible gains reaching up to 60 percent. The coin reached an all-time high of US$68,000 in November 2021, but its price fell to US$33,000 come January 27, 2022.