Bitcoin Is Recovering. What’s Behind Its Latest Move.

started offering privately managed Bitcoin funds to high-net-worth clients in March.

The digital currency peaked around $64,750 on April 14 and then slid 27% to $47,275 over the following few days.

, the first crypto exchange to go public, coincided with a Bitcoin surge.

Nonetheless, investment in Bitcoin and crypto infrastructure is only accelerating from mainstream financial companies.

Whether Bitcoin’s electricity consumption comes from fossil fuels like coal or clean-energy like wind and solar is a matter of debate.

They also argue that crypto-mining could actually stimulate investment in solar technology by encouraging utilities to invest and play the spread between Bitcoin prices and electricity prices.

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