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cryptocurrencies: Bitcoin panics the planet finance

23/03/2021
Categories: Economy/Forex

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The cryptocurrency star is blazing like never before. In one year, bitcoin has seen its value multiplied by 10 to reach stratospheric levels, around $ 60,000 today.

Even though bitcoin is still the favorite currency of hackers, the biggest tech companies and many celebrities are snatching this new digital gold.
The first of the cryptocurrencies is even seen by some as the currency of the future, capable of replacing, the Euro or the Dollar. The shock of the pandemic is giving an unexpected boost to this digital asset. In a context where central banks are flooding the markets with cash, institutional investors see in bitcoin, a parade against the devaluation of traditional currencies.
The capitalization of the bitcoin industry today exceeds $1 trillion.

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