Bitcoin in Unprecedented Trouble: What Just Happened ?by@stephanbv
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Bitcoin in Unprecedented Trouble: What Just Happened ?

by stephabauva7mMay 13th, 2023
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The past week has been particularly turbulent for the leading cryptocurrency, Bitcoin. Bitcoin’s price dropped by more than 20% in a matter of days, reaching a low of $27,000 on May 8, 2023. One of the main reasons behind this sharp decline was the surge in transaction fees and network congestion on the Bitcoin blockchain. The cause of this increase in fees and congestion was the growing popularity of BRC-20 tokens, which are an experimental token standard.
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The writer is smart, but don't just like, take their word for it. #DoYourOwnResearch before making any investment decisions or decisions regarding you health or security. (Do not regard any of this content as professional investment advice, or health advice)

Opinion piece / Thought Leadership

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I talk about A.I., blockchain and stuff like that :)

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