Bitcoin Is Now in a Bear Market — Get Used to It

Bitcoin Is Now in a Bear Market — Get Used to It

The last 11 months have been marked by unprecedented volatility and uncertainty for the stock market. The benchmark S&P 500 set a record for both the steepest bear market decline and quickest bounce-back rally to new highs from a bear market low in 2020.

However, one asset has been largely unfazed by this uncertainty: bitcoin.

Image source: Getty Images.

Bitcoin euphoria has pushed it to record heights

The world’s largest cryptocurrency had nearly quadrupled on a trailing-year…


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