Riding the crypto rollercoaster: Bitcoin nears record high

A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 19, 2021. REUTERS/Edgar SuLONDON, Oct 20 (Reuters) – Bitcoin is on the cusp of an all-time high, its latest rally fuelled by the launch of the first U.S. bitcoin futures exchange-traded fund that investors think could make the cryptocurrency accessible for swathes of new investors. read more But the advent of cryptocurrency ETFs in the world’s biggest economy hasn’t been the only driver of this chapter of bitcoin’s 2021 rollercoaster. Here are some charts that look at dynamics of its push towards a record high.1. WILD SWINGS …
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