The 5 Big Bitcoin Crashes
June 19, 2011: The first one was very bad. Bitcoin mainly was traded on the now-defunct Mt. Gox before CoinMarketCap began tracking its price and even before Coinbase was around to facilitate buys and sales. Bitcoin cooled back down to roughly $17.50 by the time a hack on the exchange allowed BTC to be traded for only a cent, after soaring from $2 to $32 in the first half of the year. That’s[…]