What is bitcoin, and why does its price fluctuate so much?

Описание: Bitcoin surged to new heights in 2021 as companies like Tesla and Mastercard warmed to crypto. But with regulators circling, the currents ahead are likely choppy.

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Bitcoin is the talk of the financial world. Bitcoin surged to new heights in 2021 as companies like Tesla and Mastercard warmed to crypto.

Bitcoin has matured from a virtual currency used by criminals to an asset that's been embraced by Wall Street firms. Many investors now liken the cryptocurrency to gold, believing it provides a store of value akin to the precious metal.

But as regulators start taking a closer look at crypto and volatility plagues the market, whether bitcoin can continue its stellar run looks increasingly uncertain.

So, what's next for bitcoin? Watch the video above to learn what the future holds in store for the No. 1 crypto.

#CNBC #Bitcoin #Crypto
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