Bitcoin Slides Downwards

Bitcoin retreated from its latest record high during the debate about whether the Bull Run in cryptocurrency is evidence of speculative froth in global markets.  Froth refers to a market condition where an asset’s price begins to increase beyond its intrinsic value. The largest digital asset dropped as much as 7.2% on Friday to change hands at $67,725 as of 7:57 a.m.  It bumped up during the day to beyond $68,000.  The token set a fresh all-time peak of almost $73,798 a day earlier.