Bitcoin Spikes by $500 in Two Days

Well, well. Here’s a bit of good news just as the holiday season is starting to pick up steam. The world’s number one cryptocurrency – bitcoin – has suddenly surged to just under $7,600, incurring a seven percent gain over the past two days.

Bitcoin Is Picking Up Speed

Yesterday was Thanksgiving, meaning everyone was likely trying to avoid two topics at the dinner table: politics and crypto. Both tend to incur some very angry and/ or negative feelings in people, but this season, bitcoin seems to be on the very of a very welcomed turnaround.

This is the exact opposite of what was happening with bitcoin last year during this time, considering the price was trapped at a measly $3,500 throughout November and for the following five months. The currency wouldn’t begin to show recuperation until the month of April 2019. By that time, many enthusiasts had seemingly lost hope and were of the belief that bitcoin would be trapped in the darkness permanently, never to return.

After all,…