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What happens if you buy one bitcoin?

Same goes for bitcoin, or indeed any currency. If you trade it at one price, then subsequently trade it at a different price, you'll either gain or lose money. If you bought one bitcoin and the price goes down, you still have one bitcoin. If the price goes up...still one bitcoin.

Why is the price of bitcoin dropping?

Rumors of a forthcoming U.S. government strategy to regulate digital assets may have triggered the current sell-off. Gradual belt-tightening by the U.S. Federal Reserve may also be contributing to Bitcoin's price drop. The price of Bitcoin is likely to be increasingly correlated with the prices of other assets.

What is the price of bitcoin?

A recent rally in the cryptocurrency had culminated in the price topping $41,000 Sunday, however by Monday morning it had sank by more than 12 percent. The price of one Bitcoin was approximately $33,000 at the time of writing, according to a dashboard monitoring fluctuations in real-time maintained by CryptoCompare.

What is the correlation between Bitcoin and stocks?

More broadly, as Bitcoin matures and becomes more widely adopted, the price of Bitcoin is increasingly correlated with the prices of traditional assets like stocks. This growing correlation means that any event that triggers price declines in the traditional markets is likely to trigger similar or greater price declines for Bitcoin.

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