"Deutsche Bank Says Bitcoin Is Too Volatile To Be A Reliable Store Of Value"
BTC_AT_TIME $8,902
Published in The Block on 2020-01-27, "Deutsche Bank Says Bitcoin Is Too Volatile To Be A Reliable Store Of Value" declared Bitcoin dead or fundamentally doomed. The piece argued that regulatory intervention was inevitable and would prove fatal, pointing to government crackdowns or proposed legislation. Bitcoin was trading at $8,902 at the time of publication. Bitcoin weathered a COVID-driven March crash before surging to new highs near $30,000 by year-end.