Is Now the Right Time to Invest in Bitcoin? (2024)

The recent crypto rally has financial advisers taking another look as investors worry about missing out on big gains.

Love it, hate it, or hodl it, there’s no denying that Bitcoin is back.

After a “crypto winter” that saw a series of scandals, bankruptcies, and a price drop of nearly 77%, Bitcoin finally scaled a new peak on March 5, hitting $69,191.95. It briefly jumped north of $70,000 for the first time Friday and the surge has buoyed other cryptocurrencies, with Ether and even Dogecoin increasing in value.

Is Now the Right Time to Invest in Bitcoin? (2024)
Top Articles
Latest Posts
Article information

Author: Patricia Veum II

Last Updated:

Views: 6454

Rating: 4.3 / 5 (44 voted)

Reviews: 91% of readers found this page helpful

Author information

Name: Patricia Veum II

Birthday: 1994-12-16

Address: 2064 Little Summit, Goldieton, MS 97651-0862

Phone: +6873952696715

Job: Principal Officer

Hobby: Rafting, Cabaret, Candle making, Jigsaw puzzles, Inline skating, Magic, Graffiti

Introduction: My name is Patricia Veum II, I am a vast, combative, smiling, famous, inexpensive, zealous, sparkling person who loves writing and wants to share my knowledge and understanding with you.