$830 billion loss faced by investors due to Crypto crash

Bitcoin Surges Towards $30K as Crypto Market Momentum Improves

March 30, 2023 Riya Shalgar 0

Bitcoin has had a remarkable start to the year, surging to new highs and drawing more investors. With bitcoin trading at around $28,500, up over 250% from its 2020 low, what’s behind this impressive performance? Three factors stand out: supply and demand, network effects, and innovation and development. Read on to learn how each of these factors contributes to the growth and adoption of bitcoin.