Bitcoin soared to new highs in recent days, as Wall Street raced to catch up with the buzz for the digital currency. There has been bad buzz and good buzz for Bitcoin on Wall Street. In finance terms, a broader market participation means higher Bitcoin prices, especially since Bitcoin is in limited supply. The faster Bitcoin gets acceptance by the early majority, the higher Bitcoin prices climb. And the higher Bitcoin prices go, the higher the hype for the digital currency, drawing larger numbers of the early majority into the Bitcoin party.
Source: Forbes November 02, 2017 00:00 UTC