Why Does Bitcoin’s Price Rise and Fall?

Bitcoin prices rose from $32,983 on January 22, 2021 to $35,811 the same morning the following year. However, in the meantime, prices fell below $30K in July, and most recently above $69K on November 10th.

In five years, the situation looks much better for bitcoin investors as the shares have fallen from just over $1,000 in 2017 to the current price of around $35,000. Looking at Amazon for the same five years, that’s an incredible bonus. ((((AMZN) – Amazon.com, Inc. Get the report Inventories while Tesla changed from $835.77 to $2852.86 ((((TSLA-Get a Tesla report The share price jumped from $50.59 to $943.90.

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