According to the Coindesk website, bitcoin has reached $19,920.53.As noted on the site, the value of the cryptocurrency
It took almost three years for the virtual currency to break its previous record. Analysts speculate that some investors are consideringit as a "refuge asset" during a period of uncertainty caused by the coronavirus pandemics.However, other experts note that this asset remains volatile.
Another factor that may have influenced growthBitcoin is what the PayPal platform allowed to use it to buy and sell virtual coins in October. In addition, several large institutional investors have announced their interest in buying crypto-pegged funds.
Japan will begin to introduce the digital yen
The pandemic has affected traditional trade, socustomers started to pay more attention to cryptocurrency. “Periods of extreme risk aversion have forced many traders to diversify towards bitcoin,” said Edward Moya of trading firm Oanda.
The previous high was recorded in December2017, when the value of the cryptocurrency was also approaching the $ 20 thousand mark. Then the quotes also rose sharply for several weeks, and then there was a collapse. By December 2018, the cryptocurrency has fallen in price six times to $ 3.2 thousand.
Read also
Found the alleged kingdom of the disappeared Hittites. What have archaeologists found?
The Doomsday glacier turned out to be more dangerous than scientists thought. We tell the main thing
Matter around a black hole was first obtained in a laboratory. What does it mean?