Yet again, Bitcoin’s price is on the up, surpassing the $9,000 threshold for the first time this year. According to CoinMarketCap, the last time the market leading cryptocurrency stood at more than $9,000 was 13 months ago, in early May 2018. This isn’t the first time Bitcoin has set a new yearly price record. Back in May, the digital coin surpassed $8,000 for the first time since July 2018. As ever, it’s difficult to pinpoint exactly what is causing the cryptocurrency’s price to rise as it has over the past few months. But there’s plenty of speculation attempting to explain…

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