Posted by JohnSmithKalk > 2021-03-15 18:10 | Report Abuse

Bitcoin has been making headlines since the beginning of this ongoing rally from October 2020, when the bellwether of the crypto world was trading just around US$11,000. Last year Bitcoin ended the fourth quarter of 2020 with a hefty gain of around 170 per cent to around US$29,000, after which it only took a week to surpass the US$40,000 mark.There have been several reasons that have worked as a catalyst for the rally.The recent push to the record high has been fueled by the optimism in the financial markets after US President Joe Biden signed a massive US$1.9 trillion economic relief package, the first of his regime. The stimulus fueled rally has prompted investors to throw caution out of the window as even at these high levels, the demand does not seem to be getting subdued. Whats your thought on recent bitcoin turbulence