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Bitcoin is a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than depending on central authorities. The creator, Satoshi Nakamoto, wrote the original white paper in November 2008 and the Bitcoin network came into existence in January of 2009.

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The latest @CFTC data reflected the largest week-to-week turn against the $USD since early-Aug. 2020 with the net short reaching its highest mark on record when measured in dollars.

The movement of #Bitcoin from 2013 to 2021 relative to other assets has been tremendous.

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