Bitcoin is breaking new records at the start of the year. Since December, the price has stood at over $ 30,000. A trend that could strengthen during 2021 despite a slight decline since January 9.
Cryptocurrency tends to occupy an increasingly important place in our daily lives. From Pornhub to Microsoft to operator AT&T, there are many groups that already accept Bitcoin payments. Needless to say, this is the most widely used cryptocurrency in the world. In France, it is already accepted by brands such as Décathlon, Conforama and Norauto, to name just a few examples. In short, Bitcoin is happening everywhere. Since last December, after having crossed the 20,000 dollar mark, this digital currency used on the internet has experienced unprecedented increases.
But how far will it go?
To say the least, the outlook is pretty good at the start of the year for Bitcoin. On January 2, the price topped $ 32,000 before reaching nearly $ 40,680 on January 8. New records could be set in the coming weeks if the trend strengthens.
Indeed, although the cryptocurrency has depreciated slightly against the dollar and the euro since January 9, some experts believe that this decline is only temporary.
Created in 2009, Bitcoin has seen its value increase over the years. In 2017, it had marked a spectacular leap from less than 1,000 to more than 19,000 dollars. Although at the end of 2018 the price had dropped to $ 3,000, it has improved markedly in 2020, which has undoubtedly contributed to the achievement of the records of the last few weeks.
A dynamic market
Analysts believe that the value of the cryptocurrency could continue to impress us during 2021 by reaching unprecedented prices. A trend that is in part linked to Paypal's decision to allow Internet users to pay in certain cryptocurrency currencies. In addition, Coinbase, the leading site for cryptocurrency purchases, is about to go public.
Be careful, however, that the value of Bitcoin, like that of other cryptocurrencies, is particularly volatile. Before considering investing, consider calling in a specialist.