Why is the price of BTC rising?
Bitcoin, the censorship-resistant, disinflationary digital currency, formed to decouple money from the state in a decentralized, peer to peer, and trustless manner, is back. Yes, bitcoin is back again. The leading digital asset has recently broken its $156,250,307,438 market cap and is expected to make higher upward moves over the course of the coming months. That’s certainly fantastic news. But why? Let’s take a look at the markets. Bitcoin Statistics and Data Transaction Volume Bitcoin transactions have still been steady since the great bitcoin crash of early 2018. The rate of transactions has ranged from 144,00 to 250,000 on a…