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Bitcoin officially goes red on the 1 year as it drops below prices from January 8th, 2021. 42k a year ago, 41.7k today.

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by COINS NEWS 131 Views

Bitcoin has officially had a red 1 year as it drops below prices from 1 year ago today.

Bitcoins on January 8th, 2021: 42,000

Bitcoins current price on January 8th, 2022: 41,800

An interesting statistic in regards to whether or not we are in a bear market or not. I think this will probably surprise a bunch of people here as well. I think this sub has a tendency to be overly bullish and shout bull market despite crypto being stagnate for am increasingly long period of time.

Most coins haven't even beat a traditional savings account at a bank in the last year, let alone keep up with inflation.

submitted by /u/Mesngr
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