Why Has Bitcoin Crossed $40,000 Again? | Vantage with Palki Sharma

    Bitcoin, the world’s largest cryptocurrency, has raced past $40,000 for the first time since April 2022.

    The much-hyped cryptocurrency had collapsed last year after criminal fraud allegations against major players.

    So why is Bitcoin surging again? Is it time to buy?

    Palki Sharma tells you.

    Bitcoin | Cryptocurrency | Surge | Report | Firstpost | World News | Vantage | Palki Sharma

    #bitcoin #cryptocurrency #surge #report #firstpost #vantageonfirstpost #palkisharma #worldnews

    Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

    The show is anchored by Palki Sharma, Managing Editor, Firstpost.

    By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories โ€“ making Vantage a destination for thought-provoking ideas.

    Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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    20 Comments

    1. The government will have control of your bit coins or any other type of electronic money. Theyโ€™ll monitor what you purchase and turn your money off. Keep the dollar get rid of Bidens cartel, restore the dollar to where it was and all dealings were in gold or silver paper money fits better in your wallet, but gold and silver. You get more bang for your ounce almost like a song title, right.

    2. Bitcoin in particular and crypto currencies in general undergo extremely volatile fluctuations in their prices. In my opinion, regardless of the Bitcoin ETF launch on the anvil, and the estimations of an interest cut in early 2024, Bitcoins are just not a safe investment asset/currency. It might have posted a 140 percent price rise in the past one year period, but there have been times when its price has fallen by more than 35 percent in a single trading session. So, make an informed choice, whether to invest in the Bitcoin and other cryptos, or otherwise.

    3. Buying Bitcoin is a fool's errand. These intangibles are only built on the greater fool's theory. Please stop talking about this cryptocurrency rubbish. Be about wholesome and real investments like profitable and low debt equities, quality and responsible bond investing, and real assets.

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