Why Bitcoin is growing

Why Bitcoin is growing

In 2022, perhaps a very lazy person was not interested in the topic of cryptocurrency, including bitcoins, as well as registration on the cryptocurrency exchange.

This year has been indicative in terms of potential investors realizing the beauty of working with cryptocurrencies. This year has shown an explosive growth in the value of bitcoin, as of April 14, 2022, its value is almost 40,000 USD and continues to increase.



Why did bitcoin rise? Let's analyze the key events of this year that contributed to the explosive growth of bitcoin:




Popular recognition is undoubtedly the most important thing that happened in 2017, which specifically influenced the course. In many countries, bitcoin is a legal unit of account that can be used to pay in a store, restaurant, air ticket office, among such countries: Switzerland, USA, Japan, the European Union.

The introduction by the CME Group of the ability to buy futures for bitcoins, which means that a fairly large stock broker recognizes this currency as a means of settlement at home.

Adoption by a number of large countries: the USA, Japan, the European Union of rules and laws for working with cryptocurrency

Development of exchanges for working with cryptocurrency

Conducting trainings and seminars on bitcoins, publishing a number of books on bitcoins

The constant attention of the press to this topic, as well as the recognition of bitcoins as an investment tool by scientific, political, charitable figures



Therefore, bitcoin (bitcoin) is growing and continues to grow, such technology did not exist before, and it is impossible to say when the rate will stop growing, one can only make hypotheses and conjectures.


We recommend that you read: What is a cryptocurrency?



Is it possible now to start investing in bitcoins and cryptocurrency

It is possible and necessary, this question is akin to the question of whether it is too late to start using the Internet or learn to drive a car. Yes, the rate is quite high and not everyone can afford to buy a couple of bitcoins, but a potential investor is quite capable of buying a tenth or a hundredth of a bitcoin.



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