Bitcoin: why the price has exploded – and where it goes from here
- Written by Andrew Urquhart, Associate Professor of Finance, ICMA Centre, Henley Business School, University of Reading
B is for blast-off (but also bubble).3DJustincaseBitcoin achieved a remarkable rise in 2020 in spite of many things that would normally make investors wary, including US-China tensions, Brexit and, of course, an international pandemic. From a year-low on the daily charts of US$4,748 (£3,490) in the middle of March as pandemic fears took...