Bitcoin strikes again and makes high leaps

 Bitcoin strikes again and makes high leaps


 There have been sudden changes in the Bitcoin currency during the past 24 hours, as the price of Bitcoin rose by 4%

 It was trading at about $ 17,000 and recorded its highest rise in the past three years.


 Where analysts and experts stated that the reason for this rise is due to the emerging epidemic, and also the feet of many investors to invest this virtual currency.


 Bitcoin's rise came as many companies invested in the digital currency.


  Bitcoin is making groundbreaking leaps this year


 As we mentioned earlier, this digital currency has reached nearly $ 17,000, as this figure is a big jump compared to the three years that have passed, and has risen by 4% within 24 hours.


 Experts and people familiar with the digital work and monitor its movement said that this remarkable rise of the Bitcoin currency is due to several reasons, the most prominent of which is the demand of investors and large companies for this cryptocurrency.

 What distinguished this currency is that its circulation is in encrypted form without government control, which made it easier for the investor to trade, buy and sell bitcoin freely.


 Bitcoin characteristics


 And also one of the advantages of this currency is that it is considered a safe haven for the investor, as it can be bought and stored with electronic wallets, and like gold, it cannot be affected by economic events or the like.


 In the recent period, many companies have accepted to start investing this cryptocurrency, for example: Fidelity, where it supported paypal to enable investors to buy, sell and hold the bitcoin currency and the rest of the cryptocurrency.




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