[Skip to content]

Sign up for our daily newsletter
The Actuary The magazine of the Institute & Faculty of Actuaries

Bitcoin ‘on the brink of an implosion’

The entire cryptocurrency market is on the brink of collapse following a steep decline in the value of Bitcoin over the last year, according to analysis by Juniper Research.

Bitcoin transactions also down ©iStock
Bitcoin transactions also down ©iStock

In a report published on Monday, the firm highlighted how the price of Bitcoin had fallen to just $6,594 (£4,994) – one-third of the peak value recorded back in December 2017. Read the full article on our predictions site here