Bitcoin has been on an absolute tear over the past month, having jumped up from $18,000 on December 12 to above $40,000. After nearly doubling its previous all-time high, Bitcoin has received renewed interest from the mainstream audience, which has again triggered the age-old question – is Bitcoin’s price increase a bubble, or the result of inevitable market interest?
Is Bitcoin a bubble?
A market is called a bubble when it seemingly increases in valuation without being…
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