Why Bitcoin Has Surged 60% in Two Months

in #steempress5 years ago

Since the middle of December, Bitcoin has been on an absolute tear higher, rallying from $6,400 to $10,550 earlier this week, per data from TradingView. This marks a surge of over 60%, meaning that the cryptocurrency outpaced a majority of other multi-billion-dollar assets save for Ethereum, XRP, and Tesla. Go to Mining Bonanza's complete list of over 400 cryptocurrencies where you can see the rise in Bitcoin and the Altcoins over this period. The question on all our minds is Why Bitcoin has Surged 60% in just two short months? The answer is not complicated.

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