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Bitcoin has been on the rise since December 2020. This has made it something everyone wants - a shiny thing. But the issue with this particular shiny thing is that it’s slowly becoming something hackers can bait users with. From December 2020 up until this moment, bitcoin has continued to meet new all-time high. Making the investment spicy and shiny. Hackers love to use what is trendy to bait users.
The chart above shows the progress of bitcoin from November 2020 till a few days ago. Recently the coin started to fall from an all-time high of ~ $41,000 and this fall might be what scammers will exploit to get thirsty bitcoin newcomers.