The Bitcoin price has crashed, erasing most of the gains made last week. The BTC dropped to $51,392, which was the lowest level since March 23. It is down by more than 16% from it’s all-time high. Its market cap has crashed to more than $1.03 trillion. What happened: Bitcoin price rallied last week as investors welcomed Coinbase as a publicly traded company. It did that through direct listing and ended the week at a market cap of more than $67 billion. This is a remarkable feat for a company that was established less than a decade ago. Therefore, as I wrote shortly after the listing, the BTC price dropped because of ... (full story)