‘Don’t Be Fooled’—Coinbase Issues Serious Warning After $800 Billion Bitcoin And Crypto Price Crash

The bitcoin price, which crashed to under $50,000 per bitcoin on Monday before rebounding slightly, touched $70,000 in July amid excitement over Donald Trump's "game-changing" plans for bitcoin. The combined bitcoin and crypto market has lost around $800 billion since its recent June highs.

Now, despite billionaire investor Mark Cuban making a "crazy" bitcoin price prediction, the head of institutional research at crypto exchange Coinbase has warned of further bitcoin price volatility to come.