@Dr.Zak 4 June 2021 more from that month

Rise and Fall of BitCoin

Hi this dr.Zak. Today i am going tp write about the Rise and Fall of Crypto Currency father the BitCoin. As you people know that in the very recent past very few people were aware of crypto currency and bitcoin. But then time started passing and people strt getting intrest in crypto currency. That was the era and the main reason why for the rise of crypto currency and bitcoin when people start getting induldging into this bussiness. In this Era BitCoin got some speciall kond of attraction and started rising like the sun and a time also came when bitcoin reached its peak and crypto currencie's peak too. Its public launch in 2009, Bitcoin has risen dramatically in value. Although it once sold for under $150 per coin, as of March 1, 2021, one Bitcoin now sells for almost $50,000. Because its supply is limited to 21 million coins, many expect its price to only keep rising as time goes on, especially as more large, institutional investors begin treating it as a sort of digital gold to hedge against market volatility and inflation. But then some thing happens due to which bjtcoin market and whole crypto currency market got hit and ditched and Bitcoin got a huge fall. Where people were expecting that price of bitcoin will keep going on and can reached to 100k dollars for a single bitcoin, the price of bitcoin got dramaticaly fall down.. This dramatical fall down was due to, . Tesla's Owner's statment of not accepting deal in bitcoin . Chinese central bank statement. These two were the main reasons for the huge fall down of crypto curreny and bitcoin market. Lets hope for Rise of graph again for crypto currency and bitcoin again with some better intentions.