Why is the world getting obsessed with Bitcoin?
An episode of the Procommun podcast, hosted by Procommun, titled "Why is the world getting obsessed with Bitcoin?" was published on October 7, 2021 and runs 5 minutes.
October 7, 2021 ·5m · Procommun
Summary
Almost everyone is infected with Bitcoin fever. Beginning in January 2021, this coin reaches a new peak. The price of this cryptocurrency was about $42,000 at the time. However, this did not signal the end of the digital currency’s rise in value. Despite its volatility, Bitcoin’s price has risen over time. As a result, institutional investors and financial organizations are taking notice of this digital money. Experts believe that if Bitcoin’s market capitalization continues to rise, it will eventually compete with gold.
Episode Description
Almost everyone is infected with Bitcoin fever. Beginning in January 2021, this coin reaches a new peak. The price of this cryptocurrency was about $42,000 at the time. However, this did not signal the end of the digital currency’s rise in value.
Despite its volatility, Bitcoin’s price has risen over time. As a result, institutional investors and financial organizations are taking notice of this digital money. Experts believe that if Bitcoin’s market capitalization continues to rise, it will eventually compete with gold.
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