For many Americans across the country, today (Thursday) means meals with families to celebrate the Thanksgiving holiday.
One topic of conversation that has likely come up in recent years at holiday family gatherings is cryptocurrency. Here’s a look at how crypto has performed since last year’s Thanksgiving.
What Happened: The Thanksgiving Day holiday for many includes traditions such as family, food and football. Dinner conversations could center on school, work, politics and potentially investments like stocks and cryptocurrencies.
The cryptocurrency markets were riding high in November 2021 when Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) hit then all-time highs and Dogecoin (CRYPTO: DOGE) was also up significantly from the start of the year.
Family members discussing cryptocurrency that year were likely either supporting a further move up or questioning if investments in crypto were risky.
Family members who tried to talk their relatives into buying cryptocurrencies that year have likely received some questions from relatives in the past year or so with the sector facing high volatility and items such as cryptocurrency bankruptcies sending the price of major cryptocurrencies …
Full story available on Benzinga.com