As the bitcoin price continues to soar, the cryptocurrency has been on the rise in the US dollar.But while that may sound like a good thing, the currency is still volatile.Bitcoin has been hitting new highs for weeks, and the price has jumped by more than $30,000 over the past 24 hours alone.But before you…
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Bitcoin is a ‘cryptocurrency’ but not a currency
As the cryptocurrency Bitcoin surged in value, some are concerned that it could become a tool of exchange.Here’s what you need to know about it. 1:33 UK central bank sets up bitcoin fund to manage cash for banks 1:21 Bitcoin is becoming a digital currency with potential to become a new currency for global transactions,…