$BTC #WhiteHouseCryptoSummit
The cryptocurrency has experienced several massive rallies and spectacular crashes since it first became available. This article offers insight into Bitcoin's volatile history and some reasons why its price acts the way it does.The price changes for Bitcoin generally reflect investor enthusiasm, as well as the demand and supply dynamics in the market. Satoshi Nakamoto, the anonymous Bitcoin inventor(s), designed it for use in daily transactions—but it has become far more than a payment method.
It attracted traders who began to bet on its price changes. Investors turned to Bitcoin as a way to store value, generate wealth, and hedge against inflation, and institutions worked to create
