Bitcoin’s Value Doubles as it Passes $8,000

Bitcoin has seen a resurgence in 2019 with the value of the digital currency skyrocketing to over $8,000; the rally has allowed the value to more than double since the start of the year; the price is still down from all time highs of $20,000 in late 2017 but shows there is still appetite in the market; there are a number of theories as to why the price is going up, from Chinese investors looking to diversify to big whale investors squeezing short sellers; there has also been some moves by traditional financial firms that are giving more credence to the currency. Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments