Bitcoin Is Getting Crushed. What Is Bitcoin Really Worth?
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Published by
The Street
The Street
By M. Corey Goldman Bitcoin has now lost more than 40% of its value since touching nearly $70,000 in November. But what is a bitcoin actually worth, and why? What is one bitcoin actually worth? Bitcoin, the world’s most known and traded digital token, has now lost more than 40% of its value since touching nearly $70,000 in November. In early trading Friday, it once again dipped below $40,000, down about 8%, with Ethereum, Solana, XRP, and other digital currencies in hot pursuit. Declines across the cryptocurrency market have followed a rough start to the year for stocks as investors reassess w…