Why has the price of bitcoin increased over 500% in such a short amount of time?

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?

Connect with a professional writer in 5 simple steps

Please provide as many details about your writing struggle as possible

Academic level of your paper

Type of Paper

When is it due?

How many pages is this assigment?