Bitcoin turns negative for the week as it fails to hold above $90,000: CNBC Crypto World
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YouTubeCNBC Television
Bitcoin turns negative for the week as it fails to hold above $90,000: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin and other major cryptocurrencies turn negative to closer out the week. Plus, prosecutors recommend a 12-year prison sentence for Terraform Labs founder Do Kwon. And Summer Mersinger, CEO of the Blockchain Association, discusses the group's upcoming policy summit in Washington, D.C. Chapters: 00: ...
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When Bitcoin debuted in 2009 under the pseudonym Satoshi Nakamoto, it had no market value, and its first real valuation came in 2010 when programmer Laszlo Hanyecz traded 10,000 BTC for two pizzas, pricing each coin at about $0.003. For years it stayed under $1, attracting mostly tech hobbyists and cryptography enthusiasts, and between 2011 and 2013 its price fluctuated between $1 and $100 as early adopters accumulated coins at minimal cost, laying the groundwork for its evolution from a niche e
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