Cryptocurrencies
Scary, and Boring, Times for Bitcoin's 10th Birthday
- Biggest coin closes October down for a third straight month
- The cryptocurrency’s volatility is near a two-year low
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It’s a frightening 10th birthday for Bitcoin.
The original cryptocurrency finds itself mired in a steady decline, finishing down for a third consecutive month on the anniversary of its creation. Bitcoin’s value has decreased by about 18 percent since the beginning of August and more than 50 percent since the start of the year. This is happening despite an extended period of low volatility and a decline in speculative investments.