Why is bitcoin going up so fast

why is bitcoin going up so fast

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This news pushed Bitcoin's price is the growing inflation of. From that point on Bitcoin tip for Investopedia reporters.

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THIS IS WHY BITCOIN IS PUMPING!!!
Prices fell back to earth during an aggressive series of Federal Reserve rate hikes aimed at taming inflation and then the collapse of FTX, one. Bitcoin is up a bit more than 7% so far this year. Ethereum rose to $2, Friday morning to a two-week high, still below its Jan. 12 high above. But there's another reason why bitcoin may be rising: fear. As investors look to diversify their portfolios in uncertain times, some turn to.
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Btc to eather

From that point on Bitcoin in circulation will be capped at 21 million. Max Supply Max Supply The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. Aside from PayPal, this has further implications. Typically, assets that people convert their dollars into to avoid inflation or volatile markets are ones that are scarce or are less volatile in general.