Bitcoin Price: Value of Bitcoin Down 75% From Peak

Let’s hope you didn’t jump on the bitcoin bandwagon a year ago. If you bought $1,000 worth of bitcoin when prices peaked in November 2021, your investment would be valued at only about $250 today.

On Friday, one bitcoin cost about $16,700. The price has declined by more than 75% since it reached a record high of $68,790 on Nov. 10, 2021, according to CoinMarketCap.

Ether, the native token of the Ethereum blockchain network and the…


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