Bitcoin had a rough start to the COVID-19 pandemic last year, but apparently it’s always darkest before the dawn.
The biggest name in cryptocurrency surpassed $30,000 in value to begin 2021. That is, a single Bitcoin is now worth more than 30 grand on its own.
So, what accounts for the massive uptick in value? Maybe investors see it as a way to keep their money safe amidst the worst economic recession since 2008. Maybe people are just sick of fiat currency in general. Either way, Bitcoin started the new year at an all-time high, with the price sitting just below $32,000 at the time of writing. Read more…
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Source : Bitcoin kicked off 2021 by crossing the $30,000 threshold for the first time
