Today the most famous cryptocurrency Bitcoin touched the mark of $29,000 for another high to reach yet another record level 31st Dcember 2020, without having signs of slowing down creating enormous wealth for the investors.
The largest and most renowed cryptocurrency climbed to as high as $29292 as of 11:30 a.m. in Hong Kong Thursday. Its value has been surged over 50 per cent in December, and biggest gain on month basis since May 2019.
Bitcoin has surged its value for almost four times amid the global covid 19 pandemic and economical crisis, while the Bloomberg Galaxy Crypto Index is tracking the biggest digital currencies has grown up about 280 percent compared to their rival cryptocurrencies such as Ether have also surged in this pandemic and economical crisis.
The most present price increase in Bitcoin has divided the opinions of the people between those who see cryptocurrencies like Bitcoin as a risk rival against US dollar weakness and inflation risk and others who think Bitcoin’s validity as an profitable asset which can give them higher returns for a long period of time.
Hello, my name is Ankush Patel. I'm a self-employed Tech blogger from the India and continuously take endeavour to give my best knowledge of technology and focus to improve my content every next time. 
No comments:
Post a Comment