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Bitcoin's rebound: 3 reasons this time is (sort of) different

  • Written by Jason Potts, Professor of Economics, RMIT University
Bitcoin's rebound: 3 reasons this time is (sort of) differentShutterstock

Bitcoin is back.

Three years after the bubble that inflated its value from US$5,000 to US$20,000 in less than three months burst in spectacular fashion, plunging more than 80%, the cryptocurrency is again on the verge of a record high.

In recent days it has been trading above US$19,000, up from US$10,000 in October and US$5,900 in...

Read more: Bitcoin's rebound: 3 reasons this time is (sort of) different

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