Bitcoin's ups and downs: five things to know

The cryptocurrency's volatility keeps it from being considered 'digital gold'

20210122 bit coin image

Bitcoin had a blockbuster year in 2020. © Reuters

FRANCESCA REGALADO, Nikkei staff writer

TOKYO -- Bitcoin had a blockbuster year in 2020, with its surging price taking even cryptocurrency analysts by surprise -- but its sharp fall in recent days has reignited concerns over its volatility for investors, and whether it can become a "haven" asset.

Here are five things to know about the rising alternative asset class.

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