Bitcoin, the world’s most famous and most valuable crypto currency, surpassed the $ 20,000 threshold after its fall in 2017. According to investors, the crypto money, which is taking more confident steps this time, is expected to exceed the $ 100,000 threshold in 2021.
Bitcoin, which can be bought in very low amounts in the first years, has made huge money for its investors after a long time. Bitcoin, which made its peak about 3 years ago and approached $ 20,000 at that time, then experienced a big decline. The crypto money, which has started to recover slowly in the long time, has finally started to return to its old days.
Bitcoin, the world’s most famous cryptocurrency, has finally managed to surpass $ 20,000 after its long steady rise. The crypto money, which has increased by 7.14 percent in the last 24 hours, is trading at $ 20,698 as of the time we wrote the news. According to some investors, the $ 20,000 threshold, which represents an important phase, will pave completely new ground for Bitcoin and allow cryptocurrencies to reach $ 100,000 in 2021.
According to Ross Middleton, CEO of DversiFi, this increase will bode well for the entire cryptocurrency industry, including decentralized finance.
Bitcoin rose 189% year-on-year
With Bitcoin’s great leap forward in recent days, we have seen crypto money rise more than 189 percent in 2020. This success of crypto money has also been compared to gold, one of the most reliable investment funds in the world. Gold rose 68 percent in 2020. Bitcoin, which is accepted as digital gold, has once again shown us that the future of crypto coins is very bright.
It is currently unknown what kind of movement will be in the Bitcoin market in the coming days. So do you think Bitcoin will continue to rise, or will it fall sharply as before? You can share your thoughts with us in the comments section.