Wed, Feb 28, 2024
Bitcoin cryptocurrency had a lacklustre show in 2022 when its price fell more than 65 per cent. It showed no signs of revival till almost the middle of 2023. But in June of the same year, an event triggered investor interest in Bitcoin. From there, Bitcoin staged fast recovery and rose from $25,000 to its current level of over $57,000. Market wizard and Zee Business managing editor, Anil Singhvi, reveals the causes behind this quick recovery and why people are keenly interested in Bitcoin.
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Fri, Dec 18, 2020
Bitcoin price has been soaring from record to record. And if 2020 has been the year of Covid-19, it has also been the year of Bitcoin. Indeed it is the year when Bitcoin has come of age. Chris Wood in Greed & Fear report is not only talking about Bitcoin price performance, though clearly that has been impressive with the cryptocurrency up 474% from the March lows and 214% year to date, including a 9.2% gain yesterday even while Greed & Fear was in the works! Significantly, what Greed & Fear means is that this is the year Bitcoin has become investible for institutions with custodian arrangements available and with prominent investors and indeed institutional investors declaring that they have bought it. One Bitcoin price today is $23,182.40.
Wed, Nov 29, 2017
Created in 2009, bitcoin uses encryption and a blockchain database that enables the fast and anonymous transfer of funds outside of a traditional centralized payment system.
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