Top economist calls Bitcoin the 'mother of all bubbles'
One of the economists credited with predicting the 2008 financial crisis, Nouriel Roubini, has called Bitcoin the "biggest bubble in human history" and added this "mother of all bubbles" is finally crashing. Most of the over 1,300 cryptocurrencies are even worse than Bitcoin, he said. Bitcoin price dropped 60% from its peak of $19,700 to $8,000 on Friday.