News > The return of $20,000 Bitcoin: what’s different this time around
The return of $20,000 Bitcoin: what’s different this time around
19/11/2020 03:31 PM | Click to read full article
The history of Bitcoin has been defined by constant but decreasing volatility. During its first big bubble in 2011, the cryptocurrency soared to $30 only to fall to $2 months later. The next crash could well take the price to $8,000 but not $2,000.
This time around, tighter regulation means there's less dumb money sloshing around, while the media has been more subdued in hyping the rally.