Archive: bitcoin bull market
Bitcoin’s Surge: Supply and Demand in Action
By Vin Narayanan on January 7, 2021
As I write this, bitcoin is trading around $38,300. That means investors that bought bitcoin at the previous market peak in late 2017/early 2018 are up 100%. And people that bought bitcoin at the beginning of 2020 are up about 432%. So why is bitcoin surging so strongly right now? I believe it’s a combination of supply and demand and big investors. The institutional investors that moved into bitcoin…
Bitcoin Enters a New Bull Market
By Adam Sharp on June 28, 2019
Bitcoin has been having quite a week. Here’s why we’re seeing these crazy price jumps.