The History of Bitcoin Crashes Shows This Selloff Could Get Worse

By the standards on most assets, a crash of 38 % would be a showstopper — not to get bitcoin though. The crypocurrency’ s i9000 plunge from Monday’ s a lot of $19, 511 to as low as $12, 192 Friday isn’ t also particularly eye-catching on a logarithmic size, used to compare relative percentage-point dimensions of moves. At least three times considering that 2010, the first year for which Bloomberg prices are available, bitcoin has retreated more than 70 percent from report highs. Caveat emptor.