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"On November 10, 2021, bitcoin peaked at $68,990. The price tipped over that for two minutes, from 15:04 to 15:05 UTC yesterday, March 5, 2024.

The price promptly dropped $2,000 straight away, and then another $8,000 by 20:00 UTC, as the bagholders tried desperately to cash out — while they could, as Coinbase had yet another inexplicable outage, coincidentally with all the other exchanges."

Come one kids, we know this by know. Bitcoin price is pumped with stable coins to pull in fresh money for the bagholders to cash out. We've been through this.

(Original title: Bitcoin hits a new all-time high! World reacts: “Wow, that thing’s still around?”)

https://davidgerard.co.uk/blockchain/2024/03/06/bitcoin-hits-a-new-all-time-high-world-reacts-wow-that-things-still-around/