It is nothing new that Bitcoin experiences extreme price increases in a rather short amount of time.
But what are the factors that influence this extreme behavior?
Let’s find out in this article!
A big reason for Bitcoin’s rapid price increase comes down to the fact, that there are many institutional investors starting to invest in Bitcoin.
These big investment firms have so much money in their portfolios, that even if they just allocate a small amount of their portfolio to Bitcoin, it still is a huge amount of money, and can impact the price drastically.