Bitcoin just went through $17,000 and is now within striking distance of its all-time high around $20,000.
Like all success, Bitcoin’s rise has many fathers. There is trouble: Covid; Hong Kong; change of government in the U.S. and Chinese tech oligarchs under fire at home/the Ant Group IPO debacle.
There is a wildly held belief that an inflationary comeuppance set off by all the Covid bailouts is on its way.
The “halvening,” which occurred earlier this…