Bitcoin that was once viewed as mysterious by many in the past boomed now not only in value but also in popularity. Two key things bring the coin such spreading among the society.
Firstly, better trust. Giant financial institutions like Tesla, Square, MicroStrategy, etc. invest assets in the digital currency. More than two tens of public firms now own some cryptocurrencies on their balance sheets. Many more are starting to offer services to people interested in buying Bitcoin or to companies that want to hold it or accept it for payments. And here appears the second factor that supports Bitcoin.
Because of global trends, BTC is now closer to $100K than it is closer to $0. The recent developments around Bitcoin worldwide are proof of the fact that it is inching closer to becoming a mainstream asset class.
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