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what is driving bitcoin up

Last Updated on April 3, 2023 by Paganoto

Crypto News: Why Is Bitcoin's Price Rising? – Investopedia

Crypto News: Why Is Bitcoin's Price Rising? – Investopedia

Bitcoin broke a key resistance level making investors believe there is further upside. Rising inflation and the potential for even more stimulus continues to push people to safe-haven assets. Increased adoption from payment applications like PayPal will give far more people easy access to cryptocurrency.

Bitcoin's Price Rises Above $24,000 Amid Mixed Economic …

Bitcoin's Price Rises Above $24,000 Amid Mixed Economic …

Bitcoin’s price rose above $24,000 on Monday, though the overall macro economic outlook remains mixed and the crypto market is subdued.

Bitcoin Is 'Officially on Vacation,' Dropping Closer to … – TIME

Bitcoin Is 'Officially on Vacation,' Dropping Closer to … – TIME

Bitcoin’s price fell closer to $21,000 on Friday as crypto volatility remains depressed. Bitcoin recently saw significant gains after the Federal Reserve …

Why Is Bitcoin Going Up? What Causes Crypto to Rise in Value?

Why Is Bitcoin Going Up? What Causes Crypto to Rise in Value?

As we’ve seen, demand is the main reason driving the price of Bitcoin. As long as there is growing demand, the price of Bitcoin will increase.

Why Does the Price of Bitcoin Keep Going Up? – Investopedia

Why Does the Price of Bitcoin Keep Going Up? – Investopedia

Inflation and the lowering purchasing power amidst massive stimulus spending is driving people to store-of-value assets, including Bitcoin.

Why Is Bitcoin Down Today? – Forbes

Why Is Bitcoin Down Today? – Forbes

The price of Bitcoin (BTC) has dropped sharply over recent months, thanks to major turbulence in cryptocurrency markets. As of this writing, …

What Drives Bitcoin's Price Up or Crashing Down? – CoinDesk

What Drives Bitcoin's Price Up or Crashing Down? – CoinDesk

Moves within traditional finance can boost or burn bitcoin’s price because they determine how easy it is for financial epicenters like Wall …

What Gives Bitcoin Value & Why Is It Worth So Much?

What Gives Bitcoin Value & Why Is It Worth So Much?

The value of cryptocurrency is determined by supply and demand, just like anything else that people want. If demand increases faster than supply, the price goes …

Bitcoin crash: what's behind crypto collapse? – The Times

Bitcoin crash: what's behind crypto collapse? – The Times

Bitcoin is a highly volatile cryptocurrency with a track record of “boom and bust” cycles – when its price soars and then crashes back to …

How to Navigate a Crypto Crash in 2022 – NerdWallet

How to Navigate a Crypto Crash in 2022 – NerdWallet

Though the factors driving each crypto crash are different, it can be helpful to remember … “It is very interesting that every time that Bitcoin goes up, …