Cryptocurrency Q&A
What happened to bitcoin & altcoins in 2018?
What happened to bitcoin & altcoins in 2018?
EchoSeeker
Sat Jul 13 2024
|
5 answers
1300
Could you elaborate on the major events and trends that impacted Bitcoin and altcoins in 2018? Specifically, how did the market sentiment shift, and what were some of the key price movements? Did regulatory changes or technological advancements play a significant role? Furthermore, were there any major hacks or security breaches that impacted the industry? Lastly, how did the overall crypto market capitalization change throughout the year? I'm interested in understanding the broader context and implications of what occurred during this pivotal year in cryptocurrency history.
5 answers
EtherealVoyager
Mon Jul 15 2024
The cryptocurrency market in 2018 exhibited a remarkable degree of volatility, mirroring the unpredictable nature of digital assets.
Was this helpful?
397
80
QuasarStorm
Sun Jul 14 2024
Bitcoin, the flagship cryptocurrency, and various altcoins underwent significant price fluctuations throughout the year.
Was this helpful?
104
69
HanjiArtistryCraftsmanship
Sun Jul 14 2024
These price movements were not uniform, with different coins experiencing peaks and troughs at various times.
Was this helpful?
328
23
JejuSunshine
Sun Jul 14 2024
In December 2018, the BTC/USD exchange rate reached a nadir, marking the depth of the bear market that followed the unprecedented crypto frenzy earlier in the year.
Was this helpful?
322
98
ZenHarmony
Sun Jul 14 2024
The price of Bitcoin plummeted to approximately $3,100, a significant drop from its previous highs. This period was a challenging one for cryptocurrency investors, testing their resilience and resolve.
Was this helpful?
149
31
