Bitcoin Rebounds to Highest Level in Three Months: What's Behind Its Resurgence?
The price of Bitcoin (CRYPTO:BTC) has been rebounding in recent weeks and is currently trading at its highest level in three months, reaching $72,706.34.
Investors who bought into the leading cryptocurrency when it was first mentioned on mainstream television are likely to be pleased with their returns, especially those who invested when Bitcoin was not yet a trending topic.
The first mainstream mention of Bitcoin on television was in a 2012 episode of 'The Good Wife' called 'Bitcoin for Dummies,' which aired on January 15, 2012, on CBS. In the episode, a character named Dylan Stack, guest-starred as Jason Biggs, and complained about the time it took to get a cashier's check and change dollar bills into another piece of paper.
Alicia, played by Julianna Margulies, responded by saying 'I went online and I bought one Bitcoin last night.' This exchange showed that the show was ahead of its time in recognizing the potential of Bitcoin as a competitor to traditional banking.