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What happened with crypto currency

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Introduction to Bitcoin
Bitcoin price starts at $ and ends at $ The investment begins at $ and ends at $1,, a % return. In the first part of , Bitcoin traded in a relatively narrow trading range between $ and $ In May, Bitcoin started mounting its. In early , the then-obscure cryptocurrency Bitcoin (BTC %) reached $1 per coin for the first time. It was a milestone celebrated by the.

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In the face of this fixed supply, an ever-increasing demand can send the cryptocurrency soaring. This article offers insight into Bitcoin's volatility and some reasons why its price acts the way it does. Bankrate logo The Bankrate promise. By the end of the first quarter, Bitcoin was down nearly 50 percent from where it had started the year. Like other currencies, products, or services within a country or economy, Bitcoin and other cryptocurrency prices depend on perceived value and supply and demand.