Bitcoin Price Heads For All-Time High

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…

Source link

About bitcoin

Check Also

Weekend bull trap? Traders remain cautious as Bitcoin price rebounds to $18K

The price of Bitcoin (BTC) surged above $18,000 on Nov. 29, reaching as high as …

Leave a Reply

Your email address will not be published. Required fields are marked *