This Industry Is Really Hurting Right Now!

Cryptocurrency, is a binary collection of data which is designed to work as a medium of exchange. Individual coins are stored in a digital ledger or a blockchain. It is often referred to as a (Digital Currency) that is designed to work through a computer network.

The first cryptocurrency ever made was Bitcoin. Which was released in 2009, as an open source software. When Bitcoin was born it was a game changer. It was a New Asset, into the future that had never been seen or heard of before.

So many minds, we're still trying to figure out how this will work in our world. And on the other hand so many minds were excited, about something new and different from what was already in the market, and ready to get started on learning more about it, and see how they could invest in this asset and put their money to work.

Once everyone figured out how Bitcoin and the whole cryptocurrency movement worked it was off to the races from there. With Bitcoin at the forefront, the value started to increase, little after little, higher and higher.

In February 2011 Bitcoin would make it to its first $1 value. In November 2013 it would strive to $1,000. In 2017 $10,000 a coin, now you know it's valuable. Because it will do it again in 2020.

And off to the Moon it goes, because in April 2021 Bitcoin would hit $60,000 in value. Everybody wanted to own Bitcoin then. Fast forwarding to the year 2025, October 6th to be exact, Bitcoin climbed up to over a whopping $126,000 in value making it an asset of this kind to ever do so.

This cryptocurrency changed lives forever mentally, emotionally and financially. Because mines were shocked that an asset like this could ever reach values of that magnitude. Millionaires were made, and so many were jumping for joy excited, because they had never seen that much money in their entire life before.

With Bitcoin the (Crypto King) so fabulous in the cryptocurrency market, why in 2026 it has taken a different turn. In early March of 2026 Bitcoin dropped down to a staggering $60,000 in value. That is still a lot of money, but from reaching an All time high of $126,000 a coin, to Loss −$59,874 in value, that would make you want to cry unlimited tears. I am talking face soaking wet, snotty nose, the hiccup kind of cry.

The million dollar question is, why is Bitcoin so low in value? What has caused the dramatic shift, from the best crypto coin in the world, to now not so popular. Even though the economy has changed, would that cause it to do so? Or is it the fact that so many jobs are being lost, people are not playing around, with the what else or what it may be in the future, when it comes to investing or holding on to their Bitcoin investment.

Or is it because of AI. Artificial intelligence is growing at a rapid pace and is taking high paying jobs and low paying jobs away from so many that are just trying to make a living, pay their bills, build a great life for them and their families, and live the American dream.

Which is slowly dwindling away more and more as job cuts continue to grow and the unemployment rate continues to rise. Which could also factor in the reason why the value of Bitcoin is decreasing. The capital is now needed.

As for AI, it's not going anywhere. It will continue to grow into the future. It is a part of technology that so many companies are paying billions of dollars to acquire a piece of. It's truly technology that is going to help in so many ways, but also going to hurt in so many ways.

But Bitcoin is still a toss-up in the air. Because of where once it was the new thing, unique and different, AI is now in the lead. Unless they come out with something like AI Bitcoin or Bitcoin reaching $500,000 or more in value, it will forever be in second place, or third place, or fourth place, maybe even 5th place, in the asset class.

It seems that Bitcoin is no longer the champion anymore; it has been defeated by something new. So will it go back up in value to all-time highs or more, or will it just continue to drop and disappear into the night to never be seen again.

I guess you can say that's a question that only the future can answer. Until then we just take care of Bitcoin and the entire Crypto industry the best we can, and believe that it will recover soon.