Bitcoin has a value of 30 for the first time000 USD (22000 GBP) and thus continued a strong increase in recent times

The virtual cryptocurrency reached 30$ 82330 at 13:13 GMT on Saturday, just a few weeks after the first surge above 20000 USD

In the past year, the value of Bitcoin has almost quadrupled thanks to the interest of large investors looking for quick profits

While the value of the US currency rose in March at the start of the coronavirus pandemic as investors sought reassurance in the face of uncertainty, it has since declined due to huge stimulus from the US Federal Reserve.The currency ended last year with the largest annual loss since 2017

Bitcoin is traded in a similar way to real currencies like the US dollar and the pound sterling

It has seen growing support as an online payment method recently, with PayPal becoming one of the youngest adopters of digital currencies

At an earlier rally in 2017, the 20thAlmost breached $ 000 but it has also hit extreme lows, previously below 3300 USD please

The Governor of the Bank of England, Andrew Bailey, warned against its use as a payment method in October

“I have to be honest, it’s hard to see that Bitcoin has what we call intrinsic value,” he said. “It can have extrinsic value in the sense that people want it”

Mr. Bailey added that he was “very nervous” about people using Bitcoin to make payments, pointing out that investors should realize that the price is extremely volatile

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Bitcoin value

World news – FI – Bitcoin value rises above 30 for the first time000 USD (22000 GBP)

Source: https://au.news.yahoo.com/bitcoin-value-surges-past-30-150838138.html