Why Does Bitcoin Have a Volatile Price?

Bitcoin is one of the most popular cryptocurrencies in the world. It is considered an asset to invest in and also used as a digital currency for many transactions. Yes, bitcoin is a volatile asset.

Bitcoin is famous for the unpredictable changes in its price. It is known to be bullish but many experts predict that it may crash one day in the future, and the price may come up again after that. The value of bitcoin has always been volatile since its introduction in 2009.

There are several factors for the volatility of bitcoin. Let us look at a few of them below.

Source: https://medium.com/why-and-how/why-does-bitcoin-have-a-volatile-price-4e4327b703b1?source=rss——-8—————–cryptocurrency