Bitcoin has suddenly jumped to $ 12,000, but now might not be the time to buy – here’s why – Forbes

Bitcoin has suddenly jumped to $ 12,000, but now might not be the time to buy – here’s why – Forbes

Bitcoin, after an extended period of stability, suddenly surged higher – surpassing the closely watched level of $ 10,000 per bitcoin for the first time since June and soaring to $ 12,000.

The price of bitcoin has risen by around 20% over the past seven days, reaching highs of $ 11,420 on the Luxembourg-based Bitstamp exchange, amidst stock market nervousness and a rally in the price of gold,…

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