What factors may be behind its sharp rise in price


Discussion: Bite Coin

Why has the price of bitcoin increased over 500% in such a short amount of time? What factors may be behind its sharp rise in price? What are potential risks of buying bitcoin at this time?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Finance Basics: What factors may be behind its sharp rise in price
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