What Triggered The Bitcoin Surge

Last Updated on February 16, 2023 by Paganoto

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

Adoption as a Means of Payment Recently, PayPal (PYPL) announced that it would soon allow its users and merchants to buy, sell, hold, and accept Bitcoin and other cryptocurrencies as a form of payment. This news pushed Bitcoin's price higher immediately.

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 Is Bitcoin Volatile? – Investopedia

Media outlets, influencers, opinionated industry moguls, and well-known cryptocurrency fans create investor concerns, leading to price fluctuations. Factors …

Cryptocurrencies Are Coming Back From the Brink. Here's Why

After months languishing in the doldrums, cryptocurrencies are surging. On Monday, Bitcoin breached the $50,000 mark for the first time …

Bitcoin surges above $48,000, turns positive for 2022 – CNBC

The price of bitcoin jumped Monday following a slew of bullish developments for the cryptocurrency, even as investors continue to monitor …

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

The largest crypto continues to see momentum despite a shaky market because every move down is immediately met with large orders of bitcoin …

Experts Say Bitcoin Could Hit $100,000 In 2022. Here's … – TIME

The crypto market crash in June was spurred by momentary de-risking from Wall Street as many investors are feeling pessimistic about the economy amid surging …

What Caused Bitcoin Prices To Reach Their Highest Since May?

“The first is more banks are jumping onto the crypto bandwagon because of investor demand. U.S. Bancorp launched a cryptocurrency custody …

Bitcoin: why the price has exploded – and where it goes from …

One reason for the massive price rise is that there has been a big influx of investors from large-scale institutions such as pension schemes, …

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

Bitcoin surged by more than 20% after Elon Musk changed his Twitter bio to bitcoin because it signaled to retail investors that Musk could be …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.