Bitcoin had a difficult start with the onset of the COVID-19 pandemic. But despite the global financial difficulties of the pandemic, cryptocurrency seems to be unrestrained and by the morning of 2021 it exceeded $ 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 recession since 2008. However, Bitcoin started the new year with the highest exchange rate ever. is just under $ 32.000 at the time of writing this article.
The volatile cryptocurrency has had a frantic course for two years, with continuous doubling. The recent victories of Bitcoin become even more impressive if we include the pandemic in the economic parameters. In March 2020, with much of the western world beginning to face COVID-19 and the accompanying financial instability, the price of Bitcoin fell to $ 4.000, after about $ 10.000 in previous months.
But Bitcoin was able to emerge from its ashes incredibly fast and hit its highest exchange rate again. However, the whole process can serve as an example, to show you how quickly things can change for the better and for the worse. Be smart with managing your money.