How does bip-91 affect the price of Bitcoin?

1 answers

• May 05, 2022 · 3 years ago
  At BYDFi, we believe that the implementation of bip-91 is a positive development for the Bitcoin ecosystem. It shows that the community is united in its efforts to improve the network's scalability and transaction capacity. This can lead to a more efficient and user-friendly Bitcoin, which can attract more users and investors. As the adoption of Bitcoin increases, the price can also experience upward pressure. However, it's important to remember that the cryptocurrency market is highly volatile and unpredictable. Therefore, it's always advisable to do thorough research and consider multiple factors before making any investment decisions.
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