
Bitcoin Dipped 35% On News It Will Not Be Publicly Offered
Last week, the price of Bitcoin fell from an all-time high of more than $1300, and dipped below $980, a decline of 35%. The drop was due to a decision to reject admission of Bitcoin to the stock exchange as an ETF (exchange traded fund) that was designed by the Winklevoss twins to reduce volatility. Bitcoin’s value has rebounded.