Bitcoin is nearing its highest price
The price of the popular digital currency "Bitcoin" jumped during Sunday's trading. Over $ 19k to close to its all-time high. According to "Coin Market Cap".
This price is still below the record. Which is the most popular cryptocurrency. In the world at $ 19,666 in December 2017.
And the most popular cryptocurrency in the world increased by about 160%. This year, supported by demand for riskier assets. Amid unprecedented fiscal and monetary stimulus measures. And demand for assets that are resistant to inflation. And expectations that cryptocurrencies will gain widespread acceptance.
It won more than 37% in Bitcoin last November alone.
The currency gained more than 170%. Within the first 11 months of 2020. With the fact that its value was approximately $ 7,300 at the beginning of the year.
And cryptocurrencies have benefited from the Corona crisis. As a safe haven and a hedge against inflation after government pumping. Central banks have huge stimulus packages, to outpace gold in performance this year.
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