As the market valuation of the total stock of bitcoins approached US$1 billion, some commentators called bitcoin prices a bubble. In early April 2013 , the price per bitcoin dropped from $266 to around $50 and then rose to around $100.
Read moreHow much would I have if I invested $1000 in bitcoin?
Still, the digital asset is down about 20% year to date, and roughly 40% below its all-time high hit in November. That means that an investor who had put $1,000 in bitcoin at the start of the year would have about $780 in their account right now after just a few weeks of holding the volatile asset.
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