In November 2021, Bitcoin (BTC -0.25%)looked unstoppable as its price approached $70,000 per coin. Since then, the cryptocurrency has lost nearly 70% of its value and it now trades for about $19,000.
Was this just a big financial experiment gone bust, or should investors continue to look at Bitcoin as a possible vehicle for building a diversified investment portfolio?
It’s certainly possible that the king of cryptos has seen its best days, but there’s also plenty to be optimistic about….
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