Bitcoin Blow As Coinbase And Ripple Crash Out Of U.S. Startup Top 10
Bitcoin’s epic 2017 bull run propelled many cryptocurrency startups into the stratosphere, but most have now crashed back down to earth.
The bitcoin price, which rose from under $1,000 per bitcoin to almost $20,000 over the course of 2017, fell sharply last year before rebounding somewhat so far in 2019.
Now, it’s been revealed bitcoin and cryptocurrency investor darlings Coinbase, a San Francisco-based crypto exchange, and Ripple, the payments group behind the XRP cryptocurrency, have crashed out of a top 10 U.S. startups list for 2019–both dropping over 20 places.