Since its inception, Bitcoin has experienced nearly 80% crashes multiple times, yet it has recovered from the ruins time and again. Extreme volatility does not indicate the quality of the asset, but rather the price paid for a new monetary network to become part of the global monetary system. If Bitcoin ultimately becomes a consensus for value storage, its journey is destined to be like a wild roller coaster, with intense fluctuations.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Since its inception, Bitcoin has experienced nearly 80% crashes multiple times, yet it has recovered from the ruins time and again. Extreme volatility does not indicate the quality of the asset, but rather the price paid for a new monetary network to become part of the global monetary system. If Bitcoin ultimately becomes a consensus for value storage, its journey is destined to be like a wild roller coaster, with intense fluctuations.