It seemed like yesterday when the price of bitcoin dropped more than 80 percent from its all-time high of $20,000. The moment half the renowned economists and investors rubbished the cryptocurrency as yet another “Tulip Bubble,” “mother of all scams,” and “rat poison squared,” it took the rug under the skeptics’ feet. Seven months after its 2018 bottom, bitcoin is now healthy and wealthy, with its spot rate up by 220 percent. Critics do notRead MoreThe post Why Bitcoin Price Pumped 4x in 7 Months? Barry Silbert Explains appeared first on Bitcoinist.com.
