Bitcoin prices have risen again on Tuesday after dropping below the $100,000 mark the previous day. The cryptocurrency reached a peak of $105,000 but then returned to around $102,000.
The main reason for the sudden price increase remains unknown. Experts point to the volatile nature of cryptocurrency, suggesting that such fluctuations are part of its character.
"We saw a few large sales in recent days, and likely, there were some signs of short-term panic selling that could have contributed to this sharp price drop," noted one analyst.
Despite the instability, many investors continue to show interest in bitcoin, regardless of the risks associated with its volatility.
