Three Factors Driving Phenomenal Bitcoin Rally
Tuesday, 16 February 2021, 4:46 pm Bitcoin delivered a better-than-expected return of over 290% in 2020, surpassing gold that generated 25% return. Bitcoin prices appear to be rallying on the back of near-zero interest rate environment, growing institutional interest and its increased acceptance as a means of payment. The risk of potential bubble burst exists given the past experience of the crypto market crash in 2017. Of all the assets an individual can invest in, none has delivered as much return as Bitcoin in such a short span of time. The beloved cryptocurrency has produced a 1-year ret...