Bitcoin has surged up to 145.42 percent this year and more than 102-percent alone in the last 45 days, even if nobody exactly knows why.
Some said it was the institutional investors that pumped the cryptocurrency’s price. Some even rubbished the bitcoin price rally by calling it artificial. Meanwhile, one new research attempted to find what drove moneymakers (if there were any) to an asset whose valuation had dropped by 84-percent in 2018. The answer came out to be simple: the cryptocurrency started to matter and became the talk among academicians.