Bitcoinreached a new all-time high Friday morning, just days afterit broke a previous high.
The cryptocurrency peaked at $70,136.33, according toCoinDesk.
As soon as it established a new high, Bitcoin fell by thousands of dollars minutes later.
Image: Tom Stepanov (Shutterstock)
This up-and-down rollercoaster has been the norm for the past few weeks.
This goes to show that the volatility of cryptocurrency is still very real.
Its been a big year for Bitcoin.
The crypto coins value started at justover $42,200 on Jan. 1.
In fact, todays Bitcoin is worth several thousand dollars less than it was almost three years ago.
Maybe itll get there soon enough, or maybe thiscurrent crypto hype cycle will cause another bubble to burst.
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