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Cryptocurrencies: Bitcoin is making the financial world crazy

23/03/2021
Categories: Economy/Forex

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The cryptocurrency star is soaring like never before. In one year, bitcoin saw its value multiply by 10 to reach stratospheric levels, around

60,000 dollars today.

Even though bitcoin is still the favorite currency for hackers, the biggest tech companies and many celebrities are snapping up this new digital gold.
The first cryptocurrency is even seen by some as the currency of the future, capable of replacing the Euro or the Dollar. The shock of the pandemic is giving this digital asset an unexpected boost. In a context where central banks are flooding the markets with cash, institutional investors see bitcoin as a remedy against the devaluation of traditional currencies.
The capitalization of the bitcoin industry now exceeds $1 trillion.

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