Bitcoin is currently trading at around $19,330 apiece. The premier cryptocurrency’s vertiginous rise—almost 160 per cent over the past year—has revived interest in it not just among high net worth individuals and stock market veterans, but even among retail investors.
What is fuelling the bull run?
Growing demand: To support their economies, central banks around the world are providing monetary stimulus in the form of lower interest rates and abundant liquidity. Governments, too, are providing fiscal stimulus. One by-product of these measures is that a lot of liquidity is sloshing around globally, driving asset prices up. Some of this money