Bitcoin rate from the very beginning. Bitcoin Is Known as a Volatile Asset—Here's How It's Priced

It comes as big-name investors like Paul Tudor Jones and Stanley Druckenmiller have invested in the cryptocurrency.

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Bitcoin has been on a tear this year. Analysts say it's gotten a boost from big-name investors such as Paul Tudor Jones and Stanley Druckenmiller moving their own assets into the cryptocurrency, while tech firms such as Square and MicroStrategy have used their own balance sheets to buy bitcoin.

Crypto evangelists claim the rally is unlike as it's being driven by institutional buying rather than retail bitcoin rate from the very beginning.

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No longer the domain of just computer programmers and fintech advocates. On Tuesday, U. VIDEO Squawk Box Asia "We see this as a small but potent insurance policy against the continuing devaluation of the world's major currencies," the company said.

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Jason Deane, an analyst at crypto advisory firm Quantum Economics, said increased institutional interest in bitcoin has "led to an increasingly bullish narrative. Experts say this is due to a monetary rule implemented by the cryptocurrency's mysterious inventor, Satoshi Nakamoto.

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