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Why is Bitcoin's price at an all-time high? And how is its value determined?

By Jason Potts, Professor of Economics, RMIT University
Kelsie Nabben, Researcher / PhD Candidate, RMIT Blockchain Innovation Hub / Digital Ethnography Research Centre, RMIT University

An increasing number of individuals and companies are now investing in Bitcoin, the world's largest and first fully-functioning cryptocurrency. But why? And which way is the market headed?

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