Bitcoin soars. What is it? How can you buy it? What are the risks?

Crypto News

Bitcoin soars. What is it? How can you buy it? What are the risks?


In 2017, the price of bitcoin saw a similar run-up when within the year speculators drove bitcoin from about $1,200 to its then-high of $19,783. The “great crypto crash’ followed with its value tumbling 80 percent. It languished under $10,000 until July 2020 when bitcoin began to regain strength, fueled by concerns about the federal stimulus program and fears of inflation.





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