A new year begins, and experts are divided over their forecasts for the fate of the world’s most famous cryptocurrency—bitcoin—with its current total market pricing exceeding 600 billion euros.
The bitcoin virtual currency was founded in 2009. Since then, supported by decentralized blockchain technology, it has only gained popularity as a form of payment and investment asset, and continues to make headlines.
2020 was the best year in the history of cryptocurrency. During the pandemic, investors have been eager to increase their bitcoin positions. Its price didn’t stop rising until it recently surpassed 28,000 and suffered the correction anticipated by analysts around the world, passing the baton to other top 10 digital currencies like ethereum, bitcoin cash, litecoin and ripple.
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