Bitcoin

955 readers

1 users here now

Do not use URL shortening services: always submit the real link.
Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.
News articles that do not contain the word "Bitcoin" are usually off-topic. This sublemmy is not about general financial news.
Submissions that are mostly about some other cryptocurrency belong elsewhere. This sublemmy is exclusive to Bitcoin.
No referral links in submissions.
No Self Promotion

founded 3 years ago

MODERATORS

submitted 1 year ago by fk@c.im to c/bitcoin@lemmy.world

Bitcoin breaks $109K for a new all time high.

you are viewing a single comment's thread
view the rest of the comments

[–] untakenusername@sh.itjust.works 2 points 1 year ago (2 children)

Does its deflationary properties help drive this volatility or is it mostly something else?

[–] miss_demeanour@lemmy.dbzer0.com 4 points 1 year ago

Feeding whales, like plankton.

[–] infinitesunrise@slrpnk.net 2 points 1 year ago

It's mostly because USD is falling like a stone. It's not yet hitting all time highs compared with other currencies.