Bitcoin

Impact

Bitcoin, the world's first decentralized digital currency, often makes headlines for its extreme price fluctuations.

Over the last decade-plus, one bitcoin has gone from being worth a few cents to reaching an all-time high of over $74,000. However, it has also experienced significant drops — losing more than 80% of its value in some instances. This volatility has left many investors and analysts wondering why the price of bitcoin is so unstable and what factors contribute to its price swings.

In this article, we will explore the reasons behind Bitcoin's volatility and what it means for the cryptocurrency market's future.