Why Bitcoin is Growing and The Impact of Institutional Investors on Bitcoin Growth

The digital economy we now live in witnessed the debut of blockchain technology and digital currencies with Bitcoin as the flagship currency more than a decade ago. Q3 2020 hedge fund letters, conferences and more As a currency, Bitcoin has an inherent value attached to it. When the coin was launched back in 2009, it was practically worthless with a value below $1 at the time. But as the world tends to get more exposure to the uniqueness of this digital asset, its value began rising, topping $100 for the first time in 2013, and significantly surging past $1000 in early March 2017. Bitcoin reac…

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