Since the annual low in July, the digital currency Bitcoin has risen by around 130 percent. Now another high has been reached.
Bitcoin, the world’s most famous digital currency, has continued to soar. On Tuesday night, the price on the Bitstamp trading platform rose above the $ 68,000 mark for the first time.
The price of a Bitcoin climbed to $ 68,564 before falling back a little. At around $ 68,000, the price was still slightly up. With the new record, the Bitcoin continues its rally of the past few weeks. The digital currency has risen by around 130 percent since its annual low in July.
Since the end of 2020, the increase has thus totaled around 850 percent. The market value of Bitcoin was last at just under $ 1.3 trillion. The rates of other digital currencies such as Ether and Binance Coin also increased. Most digital stocks have recently benefited from the good mood on the stock markets. Since cryptocurrencies are considered extremely risky investments, their price often fluctuates with the general mood on the stock market.
Source From: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
