The authors of this just might be on to something.

Bitcoin has lost half its value (or more) several times in its history.

What took so long?

This time it's dead for sure.

The answer is that crypto was held aloft for months by a period of euphoria that followed the extraordinary support the industry gained in the Trump administration.

So what caused the booms in 2013, 2017, and 2021?

Crypto is pointless but this article shows all the signs of being written by tourists.