For the first time, the value of the cryptocurrency “Bitcoin” briefly exceeded 60,000 US dollars on Saturday.
At 13.49, Bitcoin is worth $ 60,012, the highest level the virtual currency has ever achieved, according to CoinMarketCap.
The value of Bitcoin has risen at an unprecedented rate since March last year, when it was at $ 5,000.
This was facilitated by the announcement of the online payment system “PayPal” that it will allow its customers to pay with this cryptocurrency as well.
Last month, US electric car manufacturer Tesla Motors, owned by Ilon Mask, bought Bitcoin for about $ 1.5 billion and announced plans to adopt it soon as a means of payment for car purchases.
Meanwhile, Jack Dorsey, CEO of Twiter, and rap mogul Jay-Z have announced a fund to turn Bitcoin into an “Internet currency.”
Founded in 2009, Bitcoin attracted more attention in 2017, when its value jumped from less than $ 1,000 in January to $ 20,000 in December.
Then the virtual bubble burst and the value of the cryptocurrency experienced rapid fluctuations, falling below $ 5,000 in October 2018.
However, last year’s rise in value has been much more sustained, attracting investors with opportunities for profit and asset diversification.-
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