However with february coming to an end the people s currency is rising again to the top. Bitcoin saw really bad days at the start of the year. That coincided with us president donald trump slapping 25 tariffs on 200bn worth of chinese imports at the.
While bitcoin has been trending higher throughout 2019 it has spiked 30 since friday. In mid february after bitcoin had shot from 4 000 to 10 000 in a year i raised the question here of whether speculative excess might push it still higher. I m consistently wrong which makes this a valuable service.
August 1 2020 i think i m ready to issue my next bitcoin prediction. It tapered off slightly by mid afternoon but is still trading at its highest level in nearly a year. Bitcoin just surged past 8 000 on tuesday hitting its highest mark since last july.
From an economic perspective the bitcoin halving is a bullish phenomenon as it increases the value of bitcoin by decreasing its inflation rate of the 21 million fixed supply. It is an event that occurs once every 4 years in which the btc mining block rewards are reduced by 50. The highly anticipated bitcoin halving is due next year in 2020.
The crash in march was directly tied to the covid 19 pandemic but it is not always obvious what is behind fluctuations. There are not always clear reasons for why bitcoin s price goes up or down. Phil spencer is a fan of the craig the brute meme july 31 2020.
Is decentralization the answer to defi s sec problem. Stocks close higher amid big tech rally apple soars 10 to a record july 31 2020. Asking why takes you down a financial rabbit hole july 31 2020.
Bitcoin is rising again.
Why bitcoin is rising again. Bitcoin is rising again. Asking why takes you down the financial rabbit hole. July 31 2020 5 43 pm et order reprints print article.
July 31 2020 5 43 pm et order reprints print article. Asking why takes you down the financial rabbit hole. Bitcoin is rising again.
