Bitcoin Over $ 30,000 For The First Time

Bitcoin Over $ 30,000 For The First Time

The value of the cryptocurrency Bitcoin has exceeded the value of 30,000 US dollars for the first time.

This afternoon, a Bit coin was temporarily traded for 31,502.77 dollars (around 26,000 euros), as the financial news agency Bloomberg announced, citing data from several trading platforms.

It was only in mid-December that the value of Bit coin exceeded the symbolic mark of US $ 20,000. When trading started in February 2009, the first decentralized cryptocurrency was only worth a few cents. In the first few years the currency developed away from the public’s attention. Bitcon broke the $ 1,000 mark for the first time in 2013.

Above all, the announcement of the payment service PayPal that it would allow its customers to pay with Bitcoins, has recently led to an enormous surge in demand. Interest in digital currencies is also being increased by the coronavirus pandemic. However, experts also warn of the extreme price fluctuations in Bitcoin. Three years ago, the rate of the digital currency collapsed by around 70 percent in a short time.