because christmas is near so many investors will invest in bitcoin that is why bitcoin go up so fast. Let see what will happen when christmas day maybe it will dump the price because they are going to sell bitcoin to buy something or spend it for parties.
Yes, this is one of the major reasons for exclusive increases in the value of bitcoin. Bitcoin is now the center of attention of many people, international companies and businesses.
Many people have start accepting bitcoin as a mode of payment due to its high potential regarding generating grand profits. Indeed this is the reason why bitcoin is increasing in value day by day because of its high market demand.