Why cryptocurrency (bitcoin/ethereum ) value is sky-rocking in recent days?

in #cryptocurrency7 years ago

I am new in cryptocurrency market. I just knew it around 2/3 months before. At that time, bitcoin price was around 1BTC=$1100 and ethereum 1ETH=$90. Now, it is skyrocketing, increased 100% in its value from BTC $1100=>$2200 and ETH $90=>$187.
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I knew the bitcoin and steem with the help of Richmondberk guy. I was so interested and excited about the new world of the cryptocurrency.
I have invested almost $500 BCT in Richmondberk. My badluck,they did the scam and I lose my money.
But positive thing is that, I knew the cryptocurrency (bitcoin/ethereum/steem etc) and became the steemit member and started to blogging and trading the cryptocurrency.

I am so curious to know why cryptocurrency market is booming recent days?

Thanks !!!

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Who cares what's making it go up, just jump on the bandwagon and enjoy the ride. Bitcoin and Ethereum are going to the moon.

Ya...You are right..but I am curious just for interest and knowledge ...Thank@@@carmina for the comment

Its because of high demand and supply.

Ya...its because of high demand ..but who demanding that much of high quantity?

Some big parties and small investors like us .

Ya..you are right...@Lal

Than you !