Crypto Currency

Bitcoin has quadrupled in value in six months

Thought that the days of cryptocurrency bubble are behind you? Think again.  On Tuesday, the price of Bitcoin hit a new yearly high of $12,867 per coin according to CoinMarketCap, and that’s after crushing the psychological $10,000 barrier just days ago.  To put things into perspective: The price of Bitcoin has quadrupled in just six…


Thought that the days of cryptocurrency bubble are behind you? Think again. 

On Tuesday, the price of Bitcoin hit a new yearly high of $12,867 per coin according to CoinMarketCap, and that’s after crushing the psychological $10,000 barrier just days ago. 

To put things into perspective: The price of Bitcoin has quadrupled in just six months after hitting a yearly low of about $3,200 in Dec. 2018. 

The price growth has been relentless, even when many experts expected a pullback, or at least a pause. 

While it’s quite amazing that BTC isn’t all that far from its all-time-high of $19,900, which it reached in Dec. 2017, some traders are forecasting much higher numbers this time around. 

One reason behind the optimism is the “halvening,” a recurring event in which

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