Survey on Bitcoin Value Dropping By 50% Since November Peak

A cryptocurrency called Bitcoin was created by an anonymous entity under the name ‘Satoshi Nakamoto’ in 2008 following the financial crisis. At present, Bitcoin is a very popular cryptocurrency and is by far the world’s most valued cryptocurrency. Its creation in 2008 and launch in 2009 inspired the creation of many other cryptocurrencies across the world.

Though turbulent, the history of Bitcoin prices has always piqued the interest of cryptocurrency enthusiasts and analysts. Bitcoin’s value stems from its limited supply coupled with a growing demand by potential investors. So after starting the year at just below $30,000 in 2021, in November prices of Bitcoin skyrocketed to an all-time high of $68,000. The spectacle left crypto enthusiasts baffled, and many exhilarated from the opportunities this may have brought.

However, in the late hours of Sunday, the 8th of May 2022, Bitcoin prices plummeted to as low as $34,000. The event left spectators in a cauldron of mixed emotions. Some individuals are interested in investing in Bitcoin, others are anxious about the next high or low of the cryptocurrency.

Despite its volatility, Bitcoin still is fairly new and has cryptocurrency enthusiasts and Bitcoin investors both on the lookout for what is to come. Thus, Real Research launched a survey on Bitcoin value dropping by 50% since November peak. In specific, the survey seeks public opinions on the plummet of Bitcoin prices in early May.

Hence, hurry and answer the survey on Bitcoin value dropping by 50% since November peak now on the Real Research app from May 12, 2022. After that, you will receive 10 TNC as a reward.