Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
The bitcoin price is so high because the number of investors multiplied and the higher the demand, the higher the price. Investors are attracted to the number cryptocurrency which is bitcoin because the bitcoin users are also increasing especially when bitcoin was featured through the first bitcoin billionaires which is the Russian twins.
Bitcoin is also the number one cryptocurrency because of its ability and potential to change the life of many individuals, as we can see we have a strong foundation and blockchain for this, as well as a lot of popular businessman has devoted their time and money here, it means that they trust bitcoin a lot so why not do the same.
there are lot of different reason why the price of bitcoin is so high . The first reason is the demand of bitcoin towards the people is very high that's why the price is also high. The second is the number of user of bitcoin from all other cryptocurrency is very high that's also affect the price of bitcoin . The third reason is the market value of bitcoin is also high if we compare from other cryptocurrency. The last is bitcoin is famous in all over the country.