This Figure Suggests Cryptocurrencies Are in a Massive Bubble

·5-min read
This Figure Suggests Cryptocurrencies Are in a Massive Bubble

Since then, a number of high-profile digital currencies have run circles around the broader market and even the top-performing stocks. For example, Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency by market cap, could once be purchased for less than $1. As of May 5, it would cost more than $57,000 to buy a single Bitcoin.