Thunder Bay – TECH – Bitcoin (BTC) may not be reaching the all-time high at $US67,000 that the cryptocurrency hit on October 20, 2021.
There are speculations as investors are questioning if the bitcoin bull market will continue.
A positive for Bitcoin is that many global traditional banks are now starting to seek cryptocurrency product offerings.
Coinbase exchange, a common app used by smartphone investors hit the top spot as the most downloaded app for the Apple Store.
Coinbase beat tech giants like TikTok, YouTube and Instagram. Coinbase first listed on the app store in 2014 and was the most popular download in the U.S. in 2017 and May 2021.
The growing popularity of Bitcoin and other cryptocurrencies continues to grow, and that might push the market upward again as more new investors jump in.
