Veytics Intelligence
2026-09-28 · NASDAQ

Why Does the Price of Bitcoin Keep Going Up? The Answer Might Surprise You.

Key Points With Bitcoin up 40% since July, ETF inflows have now turned positive for the year. Amid macroeconomic uncertainty and geopolitical tension, the "digital gold" investment thesis has returned. With the dollar-based global economic system under pressure, some investors would rather hold Bitcoin than dollars. 10 stocks we like better than Bitcoin › Since July, when it briefly dipped below $60,000, Bitcoin (CRYPTO: BTC) is up a resounding 40%. That's particularly impressive, given the spate of negative news that has hit the crypto market recently, including Congress' failure to advance the Clarity Act. So why, exactly, is the price of Bitcoin soaring? These four factors offer the best explanation. Missed Nvidia in 2009?

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