Cryptocurrencies now command more than $1.5 trillion in market capitalisation amid increased global acceptance and investor interest. Within this new class of financial asset, world’s most popular cryptocurrency, Bitcoin, has emerged as the biggest profit-making asset, delivering more than 1,000% returns since its coronavirus lows in March 2020. This BusinessToday.In graphicle explains how Bitcoin works, tracks its journey since its inception, examines how it has performed compared to other traditional assets during the pandemic and looks into which countries in the world are game for this unregulated financial asset.
Also view: Sensex at 50,000 – The journey
Also view: How MSP makes Indian agriculture uncompetitive
Also view: The Rise of Bangladesh
Also view: Farm Bills – The Hot PotatoAlso view: How MGNREGS rescued migrant workers
Also view: What’s the fuss about FRDI Bill?
Also view: India’s GDP – Apples to apples
Also view: Bitter Pill — Indian pharma’s dependence on China