Home » Business » Bitcoin records 30 thousand US dollars … and experts expect the continued rise

Bitcoin records 30 thousand US dollars … and experts expect the continued rise

The cryptocurrency Bitcoin continues to reap the benefits of the crises that are still resulting from the emergence of the new Corona virus around the world, as cryptocurrencies were able to impose themselves as an alternative to traditional currencies, and thus the confidence of investors looking for safe havens.

The digital currency recorded 30,000 US dollars, and experts expect that it will break the 30,000 dollar barrier by the end of this week, as Bloomberg attributed the rise in digital currencies to the outbreak of the Corona virus, which greatly helped the digital boom in most areas.

At this level, Bitcoin achieved new record gains and recorded the highest level in its history, weeks after the previous figure of $ 20,000, driven by the large turnout on the part of large institutions and companies to accept currency trading.

Since last November, the currency has witnessed large levels of circulation, which was explained by Dr. Ibrahim Mustafa, an investment and finance expert, as reaping the fruits of crises, as this currency has a great deal of flexibility, unlike the complications associated with other currencies, until it became a reliable alternative for a large number From global companies and international institutions, and even at the state level

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