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3 Reasons Bitcoin Has Soared 740% in 2 Years


3 Reasons Bitcoin Has Soared 740% in 2 Years

Bitcoin has made quite a splash in 2017. The cryptocurrency has more than doubled since the beginning of the year and is up nearly 740% in the past two years. The epic run-up has certainly contributed to growing sentiment that bitcoin is a bubble, plain and simple. After all, it soared close to 10,000% in 2013 before crashing. Is this time really different?

^NYB Chart

^NYB data by YCharts

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Source: Fool.com

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