This article provides information for educational purposes.
Bitcoin is trading near all-time highs: The cryptocurrency crossed a record $68,000 this week before dropping slightly lower.
Money is pouring into bitcoin as of late, according to data released Monday by digital asset manager CoinShares.
“I personally think that bitcoin is worthless,” he said during an Institute of International Finance event in October.
Bitcoin is a decentralized form of payment intended to eliminate the need for intermediaries like banks and governments.
There are also dog-themed cryptocurrencies, including dogecoin and shiba inu, the latter of which saw a massive surge in October 2021, which many attributed to tweets from Tesla CEO Elon Musk.
Cryptocurrencies can be purchased from online crypto exchanges, such as Coinbase and Gemini, or through select online brokers, like SoFi and Robinhood.
Whether you should invest in bitcoin and other cryptocurrencies depends on your financial situation.
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