Bitcoin reaches the highest value of all time

 


The last time bitcoin reached this value was followed by a sudden drop to $ 4,000 at the end of 2018.

The price of bitcoin reached its highest value since the launch of the cryptocurrency surpassing the record set in December 2017.

On Monday, cryptocurrencies hit $ 19,850, according to the CoinDesk index. The previous record was $ 19,783.

Since March the value of bitcoin has increased by 167%. For 13 years, cryptocurrencies have been introduced as a stable "brand".

The last time bitcoin reached this value was followed by a sudden drop to $ 4,000 at the end of 2018.

However such a fluctuation in value within a few months shows how volatile the cryptocurrency is. There are those analysts who say that the cryptocurrency will go up to 500 thousand dollars.

Demand for bitcoin increased significantly during November and its lawyers say the real reason is the institutional interest shown in digital asset.