First, the number of unexplored bitcoins is decreasing.
The number of bitcoins is limited, and the total number of 2 1 10,000 pieces has been set at the initial stage of issuance. It can be said that bitcoin is a scarce resource in a sense. In this decade, bitcoin has been continuously mined, which has also reduced the number of remaining bitcoins and increased the cost of mining, thus stimulating the rise of bitcoin prices.
Second, blockchain technology is widely used.
Blockchain technology and bitcoin are closely related in essence, but now blockchain technology has been well applied in many fields, and the effect is very good, which makes people more optimistic about bitcoin to a certain extent. The prospect of blockchain technology is very good, which also makes Bitcoin attract more investors' attention.
Third, a large number of investors enter the market.
With the rising price of bitcoin, many investors also entered the market with funds, and bitcoin itself has no value anchor, so the price naturally goes up all the way. In other words, the value of bitcoin is given by people, so how high the price of bitcoin can rise mainly depends on whether anyone is willing to buy it. Therefore, in the case of investors entering the market now, the house buying market is naturally larger than the seller's market, which makes the price of Bitcoin keep rising. In addition, some investors speculate on Bitcoin as futures, which also pushed up the price of Bitcoin to some extent.
Generally speaking, the record high price of Bitcoin is caused by many reasons, but Bitcoin is still a high-risk investment project, so don't rack your brains because of the current high price of Bitcoin, you may lose your blood.