Home Financial Advice #491: Why Bitcoin is Again within the Information | First Friday

#491: Why Bitcoin is Again within the Information | First Friday

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Afford Anything Podcast - Ask Paula - Invest or Pay Off Debt?Welcome, Emma Chamberlain’s followers!! Thanks for becoming a member of the Afford Something neighborhood. You will discover out the best way to escape the 9-to-5 grind at affordanything.com/escape

As soon as a month, on the First Friday of the month, we discover the recent financial and cash tales which might be dominating the headlines. Lately, Bitcoin is again within the information. As of Friday morning, March 1st, its worth ranged round $62,000, which is fairly darn near its earlier all-time excessive of $68,700.

However why?

Crypto was scorching in 2020, but it surely pale from reminiscence in recent times. What’s behind the comeback? And what does that inform us about how investments turn into fads?

Discover out in as we speak’s First Friday bonus episode. Bonus listening: https://affordanything.com/325-bitcoin-for-beginners/ for a deep dive into understanding how Bitcoin works.

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