The price of Bitcoin continued to fall yesterday, dropping as much as 2.9 percent to $20,244. BTC is currently trading at $20,357.77, a slight improvement from yesterday. Notably, it is moving in tandem with the weakening stock market due to concerns about a global recession. Controversies on the Bitcoin Launch Timing Satoshi Nakamoto started working on the Bitcoin white paper in 2007. During that time, the financial industry was amid a significant crisis, but even seasoned finance professionals weren’t sure what to expect. As Nakamoto worked on the white paper, various reports about bank failures and bankruptcies were already making
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