[ad_1]
Bitcoin’s value crossed the $ 60,000 mark for the first time, continuing to break its records.
Famous companies have adopted this currency as a form of payment, and its value has tripled since the end of last year.
But some analysts have said the reason for the rise in Bitcoin’s value was due to the massive economic stimulus package approved by the United States a few days ago.
Bitcoin’s total market value exceeded $ 1 trillion last month.
And electronic money has a record of fluctuations, it has experienced a sharp drop in value more than once since its inception in 2009.
More recently, large companies have contributed to the rise in the value of Bitcoin.
And Elon Musk announced in February that his company, Tesla, had purchased electric cars, worth $ 1.5 billion in bitcoin, and announced that he would accept them in future car sales.
The “MasterCard Company” is considering accepting certain cryptocurrencies as a method of payment, while BlackRock, the world’s largest asset management company, is looking for ways to use digital currency.
The Corona pandemic has played a role in the rise in the price of Bitcoin as more people shop online, away from coins and banknotes.
Some argue that Bitcoin is not a real currency, but rather a speculative tool that opens the door to market manipulation.
There are also concerns about their environmental impact, as they require huge amounts of energy to make transfers.
Source link