Bitcoin Boom


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Frankfurt, Hesse, Germany – April 17, 2018: Many coins of various cryptocurrencies

You might have heard the word bitcoin go around recently, and that’s because of its exploding prices. Bitcoin prices in late 2020 and early 2021 have exploded, increasing by five thousand dollars in one month. With the price, increasing people want to invest in Bitcoin which in turn makes the price rise even more.

With the rise of Bitcoin, Paypal has now planned to have a feature to trade Bitcoin and other cryptocurrencies. Bitcoin is seen as relatively stable and can be a good investment. If you invest wisely and at the right time, you can make it big in the cryptocurrency scene. Another thing that caused bitcoin to skyrocket was the large multi-million dollar investments made by large companies. 

“In August and September of this year, MicroStrategy invested a total of $425 million in Bitcoin. One month later, Square followed suit, investing $50 million in the famed cryptocurrency,” according to Decrypt. With these large companies investing in Bitcoin, it creates a huge explosion in the stocks and further boosts Bitcoin.

Bitcoin as of now is growing at a rapid pace and does not show signs of slowing down. With big companies investing millions the value of Bitcoin is exploding. Invest in Bitcoin while you can, and maybe you can make it big.