Over the past three months, the Bitcoin price chart doesn't look much like the charts for other investments, many of which - especially commodities - are way down.
Since Sept. 15, the Bitcoin price is up a stunning 93.5%, rising from $230 to about $445 today (Monday), according to the CoinDesk Bitcoin Price Index.
Over the past three months, the Bitcoin price chart doesn't look much like the charts for other investments, many of which - especially commodities - are way down.
Since Sept. 15, the Bitcoin price is up a stunning 93.5%, rising from $230 to about $445 today (Monday), according to the CoinDesk Bitcoin Price Index.
Here's why the price of Bitcoin has gone on such a tear...
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The Bitcoin price chart for January shows volatility is just as much of an issue for the digital currency as ever.
But for Bitcoin to gain mainstream adoption, this problem must be solved. A currency that can Bitcoin's tendency to lose 20% to 40% of its value in a matter of days, or even hours, discourages its use for daily transactions.
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