Investing
Bitcoin Price Drop Is a Moment for Some to Buy the Dip
Cryptocurrency enthusiasts say they are undeterred by the digital token’s recent volatility.
Photographer: Nicolas Tucat/AFP/Getty Images
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For some, it looked like the beginning of the end. For others, it was a great opportunity.
Bitcoin’s value took a deep dip over the weekend, falling by as much as 15% Sunday on a cocktail of regulatory concerns, power outages in China that limited mining and accusations of overexcitement.