BITCOIN DRIVERS FORCE " a mechanism for bullrun season in crypto" EPISODE1
Bitcoin's price today is US$90,680.52, with a 24-hour trading volume of $45.14 B. In the past bitcoin rose more than 90 thousand percent showing the potential and attitude of a good investments. over the years investors through the aids of google search, AI or Artificial Intelligent, Financial Institutions & Experts to question a mechanism of bitcoin or the causes of bitcoin spike on prices over the years. Leading to the questions on why bitcoin singularly out performed the entire crypto space.
POWER OF INVESTORS & WIDE ACCEPTABILITY
Since its invention as a peer-to-peer digital cash system that enables online payment to any individual from any location in the world, Bitcoin (₿) emerged as a method to bypass the conventional banking system just after the financial crisis 2008. It has been witnessing increased investor and academic interest ever since its inception. The hot streaks of 2017–2018 and 2021–2022 helped cement Bitcoin's place in the media limelight. Governments, economists, and investors made mention of and started creating digital currencies. Bitcoin is the first cryptocurrency that provides a medium for exchanging digital assets, secures transactions, and controls the creation of new coins with the help of cryptography. Indeed, Bitcoin has become the third currency by market capitalization behind only USD and EUR in the international monetary systems.
Recently, the number of factors affecting Bitcoin's price has changed dramatically. Regulatory innovations have had an increasingly significant impact on their cost since 2017, when Bitcoin gained media attention, as it expanded the reach of the cryptocurrency. Every legislative statement raises and lowers Bitcoin prices, whether suitable or not. Institutional investors' interest also has set an ever-longer shadow on the workings of Bitcoin prices. Bitcoin has been pivoting further from individual investors over the last ten years and has become a desirable investment strategy for institutional investors. The secret of bitcoin is five [5] but am mentioning one [
1] "decentralization, DAO or DEFI"