Bitcoin dips under $400
Bitcoin dipped well under $400 today before recovering according to data from CoinDesk.
Today’s low was $380.75 and the high was $426.65.
The crytocurrency has been on a recent slide. Only a month ago Bitcoin was above $500.
24 Hours
Graph from CoinDesk.
Three Months
Image from CoinDesk.
Hat tip, Business Insider.
More News
Gold equities going under investors’ radar as metal continues to rise: Peter Schiff
One factor behind the undervaluation of gold mining stocks today is the inflation pressure from last year, says the gold bull.
April 03, 2025 | 02:50 pm
Kazakhstan says it has discovered 20 million ton rare earth metals deposit
If confirmed, the deposit would place Kazakhstan behind only China and Brazil by size of reserves.
April 03, 2025 | 01:40 pm
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments
Scott Bergquist
To be a real currency, said declared “currency” such as bitcoin must be accepted by a sovereign government for payment of taxes. That is why bitcoin fluctuates so drastically, like collectibles fluctuate (e.g., antique cars, old masters paintings, Ming era ceramics, old sports icons’ jerseys, etc.). It is no different from those collectibles, which cannot be used to pay any particular tax bill to a government entity.