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Bitcoin exceeds $ 34,000 for the first time

Where were you 10 years ago? A few lucky few remember it: buying bitcoin, this cryptocurrency totally unknown at the time. And today they can boast of being millionaires. Bitcoin continues to break records at the moment and has just passed the $ 34,000 mark for the very first time in its history. The milestone was reached today, after peaking for several hours above $ 30,000. Bitcoin had already crossed the $ 20,000 threshold for the first time on December 16.

“The use of bitcoin is only just beginning”

This surge can be explained in particular by the launch of a cryptocurrency purchase, sale and payment service through Paypal. Investment funds are also passionate about this currency which has everything to become a safe haven, although very fluctuating. Analysts from the US bank JPMorgan further estimated that “the use of bitcoin by traditional investors is only just beginning”! They compare this digital currency to gold.

Remember that bitcoin is managed by pure mathematics: the more investors there are, the more its price increases, and vice versa. If we had any advice for you: don’t invest now. Wait for the price to drop to put some savings in this cryptocurrency which will become very, very, very large!

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