“Sign Cryptocurrency Is Dead As Bitcoin Dips To $17K”
“Bitcoin has pretty much lost all its gains throughout the pandemic and hit a new horror low that will make history.”
On 2022-06-19, Lynsey Barber, Jessica Clark, Marc Shoffman, Sara Benwell and The Sun (Finance Journalists) declared Bitcoin dead via News.com.au. Bitcoin was trading at ~$20,552 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on June 19, 2022, when one Bitcoin traded for approximately $20,552. Since then, Bitcoin has appreciated by 3.0× relative to the price on the day News.com.au pronounced it finished.