December 09, 2024 - Editor’s Note: This December 9, 2024, article was updated on January 21, 2025, to clarify the nature of the author’s firm’s actions in advising parties with an interest in the ...

It is not hard to find cases where bitcoin's price hits a record high and then immediately plunges. On Dec. 5 last year, it surpassed $100,000 for the first time, but it began to fall the next day and ...