⸺ Obituary · August 28, 2020 ⸺
“Cryptocurrency Is Dead”
— Finextra
Price at death
$11,357
Today
$67,440
Resurrection
×5.9
On 2020-08-28, Finextra declared Bitcoin dead. Bitcoin was trading at ~$11,357 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on August 28, 2020, when one Bitcoin traded for approximately $11,357. Since then, Bitcoin has appreciated by 5.9× relative to the price on the day Finextra pronounced it finished.