Today news
About the same in other media
Why Does the Price of Bitcoin Keep Going Up?
Reading now: 319
investopedia.comAs of December 16, Bitcoin has increased by about 195% year-to-date, topping $23,000, but what is driving this meteoric rise? The reasons for its appreciation vary, but Bitcoin has grown from what was once considered a scam by many into something that has matured into a viable investment made by famous billionaire investors, large institutions, and retail investors alike. Why are these investors so bullish on Bitcoin even after it has surpassed all-time highs?
Since the gold standard was removed in 1971 by Richard Nixon the amount of circulating dollars has steadily increased. Between the year 1975 and just before the coronavirus hit, the total money supply has increased from $273.4 billion to over $4 trillion as of March 9, 2020. Since
Read more on investopedia.comAbout this in other media
Industrial Bitcoin mining breathes new life into tiny Texan town cointelegraph.com /3 years ago
Immersive cooling tech could help Bitcoin mining go green by 2030 cointelegraph.com /3 years ago
To the roots of mining: Bitcoin going green faster than ever cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
