Bitcoin pop culture moment fades as fad gives way to regulators
PORTLAND: Suddenly, Bitcoin seems a bit boring.
It might be hard to believe. But after the 1,400% rally of 2017, with wild swings along the way, the great crypto craze has cooled, at least for now.
For the past month, Bitcoin’s price has stalled between US$8,500 and US$11,300 – a minuscule range by its standards. And internet searches for “Bitcoin” have plunged, suggesting public interest has, too.
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