Bitcoin Price has Risen
The value of the cryptocurrency Bitcoin increased by 7.2% today, bringing the value of one bitcoin to $ 19,724. This is $ 100 more than the record value in 2017. This means that Bitcoin is at an all-time high today.
$ 2.83 billion worth of transactions have been made in Bitcoin in the last 24 hours.
For reference, by 2020 the value of Bitcoin has increased by more than 150%.
The cost of bitcoin increased by more than $ 5,000 during November.
The increase in the value of Bitcoin is driven by the interest of more and more institutional investors in this asset. For example, one of the latest funds to announce its investment in Bitcoin is the Guggenheim Fund, which plans to invest $ 500 million in virtual money.