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Bitcoin breaks another record – cryptocurrency market equals $ 1 trillion

1 year ago
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Bitcoin breaks another record

Bitcoin breaks another record

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The price of Bitcoin broke another record on Sunday, January 8th. In particular, its value has doubled in the last few weeks and it is currently worth $ 39,500.

For reference: The world’s most popular cryptocurrency has experienced record growth since December 16. About four weeks ago, its price exceeded $ 20,000 for the first time.

“People seem to prefer Bitcoin because of currency depreciation,” said Moh Zion Sim, an analyst at Bank of Singapore.

Blockchain-based virtual currency has been around for almost a decade. In 2020, the demand for it from international investors increased sharply, as a result of which the capitalization of the cryptocurrency market reached $ 1 trillion.

 

-> The price of Bitcoin has risen to a record high – one BTC is worth $ 19,724

 

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