Why Is the Bitcoin Price Going Up … Again?

Published by
The Street

By Luc Olinga Crypto prices have all but erased much of the losses they’d incurred earlier this year. Does that mean it’s time to buy bitcoin? For many investors, early this year was not a good time to be holding crypto, and particularly bitcoin, the most popular of the group. Bitcoin’s price nearly halved, to $35,000 on Jan. 22 from $69,000 on Nov. 10. Alt coins or other crypto besides bitcoin also saw sharp declines. Ethereum, the second crypto by market value, and the very popular meme coins dogecoin and shiba Inu also suffered. This was also the case for native tokens tied to decentralized…

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