The Bitcoin had a rough start with her appearance of the COVID-19 pandemic. But despite the global financial difficulties of the pandemic, the cryptocurrency seems to be unstoppable and in the good morning of 2021 it crossed $30.000.
The most popular name in cryptocurrencies exceeded the value of $ 30.000. With the start of 2021, a single Bitcoin is now worth more than 30 thousand dollars.
Unknown why, but its value almost doubled. Investors may see this as a way to keep their money safe amid the worst global economic downturn since 2008. However, Bitcoin started the new year with the highest exchange rate of all time, as is just under $ 32.000 at the time of writing this article.
The volatile cryptocurrency has been on a wild run for the past two years, with constant doublings. Bitcoin's recent victories become even more impressive if we include the pandemic in the economic parameters. In March 2020, with much of the Western world beginning to grapple with COVID-19 and the accompanying economic instability, the price Bitcoin fell to $ 4.000, after about $ 10.000 it had in previous months.
But Bitcoin was able to rise from its ashes incredibly quickly and hit its highest ever again. However, the whole process can serve as an example, to show you how quickly things can change for better and for worse. Be smart with your money management.