Is Bitcoin Currently in a Bubble?

The price of bitcoin topped $120,000 on Monday in a climb that reflects both genuine enthusiasm at the integration of crypto into mainstream finance and firm-driven volatility, according to one cryptocurrency expert. 

A bitcoin shown against a reddish orange glare.
The “anticipatory rise” in the price of bitcoin comes as U.S. lawmakers are set to debate legislation impacting the industry. Photo by Matthew Modoono/Northeastern University

The price of bitcoin topped $120,000 on Monday in a climb that reflects both genuine enthusiasm at the integration of crypto into mainstream finance and firm-driven volatility, according to one Northeastern cryptocurrency expert. 

It raises the long-debated subject of whether the digital…

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