The Bitcoin had a rough start with the onset 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 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 a frantic course here and there 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 west world to begin to deal with COVID-19 and the economic instability that comes with it, the price of Bitcoin fell to $4.000, after about $10.000 it had been in the 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.