EDITION 239

Page 28

MONEY

WHAT IS A BITCOIN WORTH? Bitcoin has reached a new all-time high with the IPO of Coinbase, the leading cryptocurrency exchange.

As the number of companies that invest in virtual currencies or that begin to accept these new payment methods increases, the value of cryptocurrencies, with bitcoin still in the lead, rises like new oil. The queen of cryptocurrencies is registering the highest values ​​in its history in recent days, it has reached a new all-time high, reaching over $ 63,000 before the IPO of Coinbase , the main trading platform. Cryptocurrency exchange.

Although its use as a digital currency remains limited, more and more investors in search of alternative investments are betting on bitcoin. In December 2017, when it reached its highest value ever, most investors were natural persons. However, nowadays this asset is becoming more and more popular among institutional investors, mainly due to the evolution of the regulation of the virtual money market.

As the graph based on Coindesk data shows, despite some slight drops, the price of bitcoin has seen significant cumulative growth during 2021.

28

www.webexpressguide.com

LEAVE YOUR COMMENTS ON OUR BLOG ONLINE AT FOOT OF ARTICLES


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.