
Crypto pros and newbies alike are asking why bitcoin prices keep hitting rally, ostensibly begun in October, its value has increased fourfold. As of December 16, Bitcoin has increased by about 195% year-to-date, topping $23,000, but what is driving this meteoric rise? The reasons for. For many bitcoin doubters, the sudden spike is reminiscent of the 2017 holidays, when, as one of my Quartz colleagues recently observed, “you.