Bitcoin at its highest level of value, worth about $ 20,000
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Bitcoin at its highest level of value, worth about $ 20,000
The value of the cryptocurrency bitcoin is close to 20,000 for the first time on Tuesday. The value of a bitcoin has reached 19,920, according to data from Coin Desk, a company that buys and sells cryptocurrencies.
Some experts believe that in the aftermath of the Corona virus outbreak around the world, investors consider the bitcoin a safe haven for their assets. But experts believe that the value of this bitcoin will continue to fluctuate.
There are several reasons for the increase in the value of the coin. PayPal recently allowed the purchase of cryptocurrencies from its platform.
Says the demand for cryptocurrencies is much higher this time around than in 2017, probably because investors fear that the country's central banks will take such steps because of the financial difficulties caused by CovidNineteen. Which will increase inflation