Why bitcoin hits the $10K mark?

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Why? Hmmm...

First of all, I always reiterating this word “Invest only what you can afford to loss. Study the everything before you do something”. I don’t care about the 20-30% dip, I always looking forward for the long term run. If you can see the trend of bitcoin from 2009 to present, you can see how this technology accumulates uptrend, you’ll just need #HODL it.

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So get back to the topic, why #Bitcoin hits the $10K mark?

As I’ve researched it later than this day, CNBC's published an article "Bitcoin futures drop 20% as digital currency hits six-week low over crackdown fears" its because of:

  • Cboe bitcoin futures fell 20 percent, triggering a temporary trading halt, while the price of bitcoin fell below $11,000 for the first time since early December, according to CoinDesk data.
  • South Korea Finance Minister Kim Dong-yeon said that "the shutdown of virtual currency exchanges is still one of the options" the government has.
  • China also reportedly plans to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading.

Those issues with cryptocurrency are always present, as we've remembered the past few years, there's so many debate or discussion about bitcoin and why this technology still up today. My conclusion about that it is, if the Internet is online and the transactions are present, this technology will exist.

Thats' it, hope this broad article helps! Feel free to do your own research about bitcoin cryptocurrency.

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Why bitcoin hits the $10K mark? | Ecency