Explaining the Bitcoin Bull Run

Cryptocurrency - what was once thought to be a fad seems to be growing at a constant rate these days and is everywhere in the news. How did this Bitcoin bull run start, though? It couldn't have happened without noting the first famous transaction known as Pizza Day. This was when a programmer named Laszlo Hanyecz paid 10,000 bitcoin (BTC) for 2 pizzas - that’s over $554 million by today’s pricing!

One of the latest cryptocurrency trends is Dogecoin - developed more as a joke in 2003, has already crossed the 50 cent barrier and may even be on the way to $1 per coin. This is astounding growth, and up over 13,000% for the year.

Many are pushing for these and other cryptocurrencies to go even higher, which would be possible with the continued growth and adoption by companies accepting cryptocurrencies as payment. Learn more about the Bitcoin bull run in the infographic below: