avatarSuntonu Bhadra

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Abstract

    <a href="https://readmedium.com/there-is-a-market-madness-going-on-with-bitcoin-and-ethereum-e2cb05407c15">
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            <h2>There is a market madness going on with Bitcoin and Ethereum.</h2>
            <div><h3>I understand that several prominent investors and firms have invested in these blockchain monetary bits, but those…</h3></div>
            <div><p>medium.com</p></div>
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            <div style="background-image: url(https://miro.readmed

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ium.com/v2/resize:fit:320/1*GPIRgZzOU_Gm4Hia6Qndjw.png)"></div> </div> </div> </a> </div><p id="ab91">Loads of new bitcoin buying by new entrants in the market are driving up the numeric value. Governments are lending money to support the current economic downturn, meaning printing money across, decreasing the value, and increasing inflation, thus increasing ‘bit’ pricing. Is it illusionary escalation of the value, or mostly the truth of the market reflected? The future will tell.</p></article></body>

And, Bitcoin crossed the Canadian $50,000 mark.

A whopping Canadian $35,000 jump in the last three months alone.

Screenshot from writer’s account

Following the path, Ethereum is also on the tending state, as currently trading at Canadian $1,620 per (with a $1,130 jump in the last three months).

Loads of new bitcoin buying by new entrants in the market are driving up the numeric value. Governments are lending money to support the current economic downturn, meaning printing money across, decreasing the value, and increasing inflation, thus increasing ‘bit’ pricing. Is it illusionary escalation of the value, or mostly the truth of the market reflected? The future will tell.

Money
Bitcoin
Blockchain
Future
Technology
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