ouyinghua
@ouyinghua
Bitcoin While many may struggle with the finer points of crypto, pretty much everyone has heard of its most famous product: Bitcoin. But what actually is it? Bitcoin is a cryptocurrency, which is to say a type of digital currency. Unlike traditional currencies - the dollar or pound, for example - Bitcoin is not controlled by centralised financial institutions. This makes it popular for people who think decentralisation can bring financial freedom, but it also makes it extremely volatile with it rising and falling in value at the whim of Bitcoin buyers and sellers.
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ouyinghua
@ouyinghua
Its price climbed in value in 2024, particularly in November when Donald Trump won the US Election. On 5 December Bitcoin's price topped $100,000 - a milestone investors have long been hoping it would reach. But Bitcoin's price has been known to plummet just as quickly as it spikes. Seven wild moments from the turbulent story of Bitcoin
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