New Era of Investment: Bitcoin Price Surges, Bringing Cryptocurrency into the Mainstream

In December 2017, the price of Bitcoin experienced frantic growth, briefly approaching the $20,000 mark. This dramatic price surge propelled cryptocurrencies and their underlying technology—blockchain—into the global mainstream media and the purview of investment firms.

BUSINESSES RESHAPING OUR WORLD

global n press

12/27/20171 min read

In December 2017, the price of Bitcoin experienced frantic growth, briefly approaching the $20,000 mark. This dramatic price surge propelled cryptocurrencies and their underlying technology—blockchain—into the global mainstream media and the purview of investment firms.

Despite its extreme volatility, Bitcoin's phenomenal rise forced global consortiums to seriously examine the disruptive potential of digital assets, distributed ledger technology (DLT), and Decentralized Finance (DeFi) for future industries such as finance, law, and supply chain, symbolizing a major shift in the financial Future World.