Segun AdewoleThe price of leading cryptocurrency, Bitcoin, has reached a record $40,000 just hours after it sold for $38,000.The progress began in December 2020 when it broke the $19,783 pr...
The price of leading cryptocurrency, Bitcoin, has reached a record $40,000 just hours after it sold for $38,000.While bearish traders expected that the December rise would drop in no time, Bitcoin continued to rise in value with a growth of 13.45% over the last 24 hours.
Bitcoin which is seen as a digital gold has attracted institutional investments into the cryptocurrency market.include Anthony Scaramucci’s Skybridge Capital ; insurance giant MassMutual ; and Guggenheim Investments . Bitcoin now controls $746 billion of the $1 trillion value of the cryptocurrency market. This is expected to grow with the Democratic Party now in control of both the House and the Senate in America.DOWNLOAD THE PUNCH NEWS APP NOW ON