RATE Group | Now cryptocurrencies like bitcoin are in ‘panic mode’, we might finally see the end of t…
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Now cryptocurrencies like bitcoin are in ‘panic mode’, we might finally see the end of t…

Now cryptocurrencies like bitcoin are in ‘panic mode’, we might finally see the end of t…

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Towards the end of last year, when bitcoin was surging close to $20,000, the buzz around the cryptocurrency became deafening.

Crypto bros were trumpeting their good fortune all over the internet, to the point that the term ‘crypto bros’ was coined. The hype was ramped up even further by tales of bitcoin millionaires, propelled to a life of luxury with a few well-timed trades, and reached fever pitch when the Winklevoss twins, of Facebook fallout fame, became the world’s first bitcoin billionaires in December 2017.

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