The price of Bitcoin has reached 27k $ during th e Corona period

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The price of Bitcoin has reached 27 thousand dollars during the Corona period

Bitcoin, the virtual currency or cryptocurrency, has reached 27k $. Bitcoin could reach 60,000 next year, according to a company that runs cryptocurrency firms.

The value of this cryptocurrency is now at an all-time high as investors are investing heavily in Bitcoin during the Corona epidemic. The virtual platform of cryptocurrency has been further strengthened by the devaluation of the dollar in the epidemic. There are currently over 1600 cryptocurrencies worldwide. As the price of Bitcoin rises and falls in minutes and hours, the crisis of investor confidence continues. So Bitcoin, the owner of blockchain and cryptocurrency firm KR One, warns investors that Bitcoin always comes as a surprise.

Bitcoin is currently trading 30 trillion worldwide. There are currently around 5,000 virtual currencies around the world, including Bitcoin. The virtual currency Bitcoin has survived for so many years through its ups and downs since its launch in 2009.

PayPal, an international financial transaction firm, said last month that customers would now be able to buy and sell Bitcoin and other cryptocurrencies with their accounts. However, many rely more on digital currency to run their own country than on bitcoin. China is working to introduce its own digital currency system, digital currency electronic payments.

Can't be seen with eyes, can't be held in hand. Transactions without third parties are directly from customer to customer; Only through the internet. Bitcoin is the name of such a digital virtual currency. In the new electronic cash system, the currency is transacted through computers and smartphones. To join the Bitcoin currency system, you need to open an account at Coinbase, a California-based e-currency transaction medium. If you want to open an account, you have to solve some mathematical problems. After opening the account, the Bitcoin account can be managed only if the software is installed on the customer's smartphone or computer. Customers can buy and sell bitcoin by transacting through Coinbase on debit or credit cards.

According to various international news outlets, Satoshi Nakamoto, a Japanese national, introduced the currency in 2009. Although the currency has become popular in the United States and some European countries, it is still illegal to trade in Asia. Because there is no control of the central bank or financial institution and there is an opportunity to keep the identity of the customer secret, there is a risk of price drop and hacking. So even though it is easy to buy Bitcoin in the western world, you have to buy this virtual currency in Asia in secret. There are 21 million bitcoins in circulation worldwide

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