Bitcoin price (BTC) was in doldrums during the first quarter: Bitcoin price has had experienced significant volatility in the first quarter of 2018; the coin’s price jumped to $17000 at the beginning of first quarter before retreating to the $6000 mark on February 6. BTC price has extended its volatility in March and ended the month trading below $7000 level.
Overall, Bitcoin price lost 45% of value in the first quarter, representing a loss of $130 billion to its total market capitalization.
Source Image: coinmarketcap.com
The downward trend in BTC ...
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