Bitcoin soars to over $51,000. What’s going on? We answer your questions. – The Philadelphia Inquirer

Facebook
Google+
Twitter
LinkedIn

In 2017, the price of bitcoin saw a similar run-up when within the year speculators drove bitcoin from about $1,200 to its then-high of $19,783. The “great crypto crash’ followed with its value tumbling 80%. It languished under $10,000 until the summer of 2020, when bitcoin began to regain strength, fueled by concerns about the federal stimulus program and fears of inflation.

Subscribe to our Newsletter

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Share on facebook
Share on google
Share on twitter
Share on linkedin