Bitcoin, first $ 30,000 level, up over 300% in 2020

Cryptocurrency 21-30

In 2020, it will increase by more than 300% annually. It has risen by more than 50% since it broke through $ 20,000 about two weeks ago.

Bitcoin has only been around for 10 years since its birth, but in 2020, demand for large investors expanded due to expectations that it would become a mainstream payment method in addition to inflation hedging and short-term profit-making means.

Sergei Nazarov, co-founder of the international blockchain project “Chainlink”, pointed out that “Bitcoin is very likely to exceed $ 100,000 in the future.” “Confidence in fiat currencies has been steadily declining for years, and monetary policy, which was hit economically by the new coronavirus, accelerated this trend,” he said.

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