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Financial Analyst Say Bitcoin Is the New Gold with Several Downsides
When the thought of Cryptocurrency comes to mind, there is one digital currency that pops up. Undoubtedly, this is about Bitcoin. Amidst the several digital currencies available, no one is more esteemed and controversial in many quarters like Bitcoin. In this report, the exponential growths in value of this coin as well as the adverse effects are discussed. Why the Fuss About Bitcoin? Amid the pandemic, several sectors of the economy have suffered a great deal. However, some things have thrived regardless of the unfavorable financial situation in the entire globe. One of them is Bitcoin. As things stand, this digital/virtual currency is worth somewhere around $50000. The dramatic thing is that this value is not static and is forecast to rise way more than this. Several financial analysts...
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