NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Volatility Is Still a Serious Concern for Bitcoin Investor

newsbtc
newsbtc
1 year ago
3 mins read
Trend

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin is on an impressive upward direction in 2017. The cryptocurrency has recorded massive surges to become twice as valuable as gold two times already this year. The last upsurge in the value of Bitcoin happened in the week ending May 27 with the cryptocurrency rising more than 40% to an all-time high of $2,791.69. The yellow metal later lost about 12% to level off the week at around $2,268 at the end of the trading week.

The main reason for the rise in the value of Bitcoin could be traced to the speculator and safe-haven perspectives of investors about the cryptocurrency. To start with, two digital currencies conferences that held in New York during week buoyed the speculative prospects of Bitcoin because the industry experts hinted at the possibility of increased adoption. Secondly, the ghastly terror attack in Manchester England revealed once again that no one is safe and investors are becoming more open to the idea of seeking safety in alternative investments such as Bitcoin.

However, the fact that Bitcoin soared by an unbelievable 40% in just two trading sessions raises serious concerns about its inherent value. More interesting, is the fact that the record high was immediately followed by a heartbreaking decline of 12%. In essence, investors have valid reasons to be worried about the upside potential and volatility of the cryptocurrency. This article explores some of the key drivers of market volatility in Bitcoin.

Here’s why Bitcoin remains volatile

  • Bad press still fuels skepticism

Bitcoin has been at the center of many scandalous events in the last couple of years and it takes a degree of optimism to ignore the naysayers to put your money in Bitcoin. The crackdown on the infamous Silk Road has branded Bitcoin as a sinister currency designed to fuel illegal transactions. Other events such as the failure of Mt. Gox and some data breaches have also contributed to the bad aura surrounding Bitcoin.

The bad vibes surrounding Bitcoin means that the cryptocurrency lacks a loyal cult-like band of investors. Hence, many current investors often rush to the exits in order to run with their capitals and gains at the first sign of trouble. More so, many potential adopters of Bitcoin are skeptical and scared of putting their money in the cryptocurrency because of the less than flattering reports they’ve read about Bitcoin.

  • Unpredictable fluctuation in the perceived value of Bitcoin

Bitcoin is very similar to gold in its similarities to gold – in fact, it is currently worth more than gold. The main reason Bitcoin is being regarded as digital gold is the fact that it boasts a store value like gold. The total volume of Bitcoin that can ever be mined cannot exceed 21 million Bitcoin much in the same way that the total volume of gold in the world can’t be increased by human effort. In essence, Bitcoin offers a sharp contrast to fiat currencies.

However, the store of intrinsic value inherent in Bitcoin is somewhat difficult to judge because news reports have a huge influence in driving its value. The fact that no one can seem to accurately pinpoint the perceived value of Bitcoin is another reason that the cryptocurrency tends to swing in relation to fiat currencies.

  • Bitcoin is yet to build a critical mass

Most of the people who own Bitcoin are stashing the cryptocurrency away as speculative investments. Bitcoin however is meant to be spent to increase adoption. However, the large stashes of Bitcoin lying idle in wallets instead of being part of the “real” Bitcoin economy makes it hard to gauge the true intrinsic value of the cryptocurrency.

However, you can’t blame the people who have large stashes of Bitcoin because the lack of critical mass makes it hard for them to push their Bitcoin into the market without moving the market. Investors with more than $10 million in Bitcoin must be smart about liquidating their holding into cash in order to avoid an oversupply glut that could crash the market price of Bitcoin.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Delay In Bull Market Could Push Bitcoin Higher Than Expected

The bull market may be taking longer than expected to kick into its final gear, but the Bitcoin price structure...

Sandra White 3 hours ago
Bitcoin

$122,000 And Climbing: Bitcoin Sets New Record As ETFs Drive Demand

Bitcoin rose above the $122,000 mark on Monday. According to data from CoinGecko, prices briefly topped that level before pulling...

Christian Encila 5 hours ago
Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth

Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth

Ethereum has broken out above the $3,000 level, reaching its highest price since late January and signaling a strong resurgence...

Sebastian Villafuerte 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

加密周引爆比特幣與山寨幣牛市狂潮 TOKEN6900強勢飆升中!

estherw 5 minutes ago
Bitcoin

Bitcoin Is Not Stopping At $123,000 — Technical Indicators Point To $140,000 Top

Scott Matherson 1 hour ago
Cardano price news

Cardano Flashes Major Buy Signal—$1.90 Target Unleashed

Jake Simmons 2 hours ago

Premium Sponsors

Press Releases

  • Aceste 3 monede sub 5 lei ar putea transforma o investiție de 1.000 RON în 10 milioane RON până în 2027

    2 достъпни криптовалути с...

    3 hours ago
  • Aceste 3 monede sub 5 lei ar putea transforma o investiție de 1.000 RON în 10 milioane RON până în 2027

    2 megfizethető kriptó 9000%-os potenciállal, olyan...

    5 hours ago
  • 2 cenovo dostupné kryptomeny s potenciálom 9 000 %, podobne ako kúpa Etherea za 8 dolárov začiatkom roku 2017

    2 cenovo dostupné kryptomeny s potenciálom 9 000 %...

    5 hours ago
  • Bitcoin Hyper

    ...

    9 hours ago
  • BTC breaks through $122,300, GoldenMining users earn...

    9 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.