Bitcoin is rising again: 2 reasons why the cryptocurrency just passed a key milestone for the first time in months

Bitcoin is rising again: 2 reasons why the cryptocurrency just passed a key milestone for the first time in months

This week, Bitcoin (BTC) has been trading above $80,000 per token, and on Tuesday morning, it hit $81,000. That news will be music to the ears of cryptocurrency investors as it marks the first time that Bitcoin has traded above that level since January. But what exactly is driving Bitcoin’s price to rise above the psychologically important barrier? Here are two of the biggest factors impacting BTC’s rise this week. Movement in the Strait of Hormuz Geopolitical tensions have made many as...

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