Monday, January 4, 2021

Understanding Bitcoin's Blistering Rise Past $30,000




Bitcoin has started 2021 off with a bang. Here’s what investors and analysts think is driving the rise (and today’s dip) as well as predictions for what happens next.




This episode is sponsored by Nexo.io.




The end of December was a momentous time in bitcoin’s history. Not content to clear the psychological barrier of $20,000, bitcoin’s price smashed up almost all the way to $30,000, although it would take the turn to the new year to hit that new high-water mark.




In this episode, NLW looks at interpretations of why BTC is rising, why it dipped today and what analysts and investors think will happen next. This analysis includes:





Source coindesk.com

No comments:

Post a Comment

MahaDAO’s Algorithmic ‘Valuecoin’ Goes Live on Ethereum

An India-based startup is coming for decentralized finance (DeFi) stalwart MakerDAO’s crown with the launch of its new “valuecoin.” MahaDAO...