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Bitcoin digital currency flies to record levels for the first time above $ 30,000. As a result, many investors turned their attention more than ever. For one session, the price jumped to $ 33,099 per Bitcoin (+ 12%) on Saturday (Jan 2), while other investment markets were Closed the first weekend of 2021.
The flow of “cryptocurrencies” is hot! How to invest without being fooled
Bitcoin surged over 300% in 2020 and is up over 50% in the two weeks leading up to the new year.
Bitcoin has been around for a decade, but 2020 is the year that major American investors are increasingly demanding bitcoins as an alternative to inflation hedging and response. Get Your Earnings Quickly Including the Expectation of Converting to Conventional Payments in the Future.
Bitcoin’s value outperformed gold for the first time
Investors said that the reason Bitcoin’s value soared was due to the difficulty of mining bitcoins on computers. Transactions have been monitored and blocked in recent days (supply drops), with some investors seeing it as a safer investment option during the coronavirus outbreak. -19 Like gold.As a result, the demand for bitcoins increases and the opposite pushes the value of Bitcoin to rise.
“There is a high probability that Bitcoin will exceed $ 100,000 for 1 Bitcoin.” Sergey Nazarov, co-founder of Chainlink, stated
He continued: Investors have been losing confidence in major government currencies for years, and monetary policy resulting from the economic impact of the coronavirus has been a catalyst for confidence. plus
Not Just Bitcoins Another competitor’s cryptocurrency Ethereum, which was up 465 percent in 2020 and nearly 7 percent on January 2.
However, every investment carries risks, you should seek information and consult with experts before making any investment decision.
Reuters information / website https://www.bitkub.com/
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