Why Is Bitcoin Worth $1.7 Trillion Right Now?
In the last 15 years, this cryptocurrency's price has skyrocketed 1,700,000%.
Overview
Bitcoin (CRYPTO: BTC) has easily been one of the best investment assets anyone could have owned. In the past 15 years, its price has been up a mind-boggling 1,700,000% (as of Oct. 4). This monster gain would've grown $10,000 into $171 million.
The leading cryptocurrency has certainly become a globally relevant financial instrument. But why exactly is Bitcoin worth more than $1.7 trillion right now?
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.