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Bitcoin rose 10.2 percent to $ 32,338 in night trading, renewing its all-time high. This is demonstrated by the data from the specialized portal CoinDesk, cited by TASS. Shortly before that, the cryptocurrency was trading for $ 32,054 (+9.8 percent).
Today, the exchange rate of bitcoin has already crossed two thresholds – $ 30,000 and $ 31,000, and the $ 20,000 threshold was breached for the first time on December 16.
The past year was filled with confusion over the most popular cryptocurrency, which was trading at around $ 8,000 in early 2020 and then depreciating to nearly $ 4,000 when the pandemic broke out in the spring. Gradually, the bitcoin rate began to rise, a trend that sharply accelerated in the fall. Since mid-October, the value of bitcoin has more than doubled.
Last year, investors turned their attention back to digital currencies, thanks in part to the efforts of payment platform PayPal, which is trying to allow its customers to pay with digital money.
Furthermore, more and more institutional investors are turning to the cryptocurrency market, of which bitcoin owns almost 70 percent.
Interest in electronic currency has also increased due to the pandemic and the associated sharp increase in public debt.
