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this post was submitted on 23 Aug 2025
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Chapotraphouse
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Didn't cryptocurrency kind of already blew up though? I mean of course you'll have true believers still hoping for the big comeback but the peak was already years ago
It's recovered. Bitcoin is trading at 115k, an all time high. It's 2020 bubble peak was around 60k.
What has crashed is the idea that it will operate as an alternative system outside of the central bank. Which is great, because now I don't have to argue with people about that.
As happens every boom and bust cycle, the shit coins are shaken off, and Bitcoin and a few other big players survive and recover.