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For the first time ever: Bitcoin has crossed the $ 30,000 mark

The currency rally continued even after the entry of 2021, completing a rise of more than 70 percent in a month: "As much as it's gratifying to see strong Bitcoin, sad on the other hand to see the dollar fall"

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Saturday, 02 January 2021, 20:54

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Bitcoin refuses to relax.

The virtual currency, which soared in the last quarter of 2020, continues to rise and today (Saturday) crossed the $ 30,000 mark for the first time when it reached a value of more than $ 33,000.

This completed a rise of more than 70 percent within a month and more than 500 percent in one year.

Ether, the second-largest cryptocurrency, also rose to $ 777 and a record high.

Sagi Bakshi, CEO of Coinmama, a company that provides buying and selling cryptocurrencies worldwide, emphasizes: “As we have said before, the price of Bitcoin is not the most interesting parameter to follow, even though it is making headlines.

This is a clear trend, in the process of the adoption of the idea by individuals, and now those individuals some of whom are also leading giant corporations are buying bitcoin for companies.

Individual money has brought Bitcoin so far, and there are still only about 10-20 million people in the world who hold more than $ 100 in Bitcoin, this is a very small group.

What will take Bitcoin from here to its becoming a global reserve currency - these are the institutional bodies, the giant corporations and even countries that are entering the field.

As much as it's gratifying to see strong Bitcoin, it's very sad to see the dollar fall - and this process could be devastating for many countries. "

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