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Cryptomonaie: Bitcoin close to 70,000 dollars

11/11/2021
Categories: Economy/Forex

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The cryptocurrency leader is approaching $70,000 per unit, nearly double its value three months ago. Bitcoin is asserting itself as a safe haven in the face of inflation.

Bitcoin is moving towards the symbolic price of 70,000 dollars this week, much more now than the price of a kilo of gold. Its price has climbed 21% in one month, according to the Bitstamp site and the cryptocurrency has even gained 450% since the start of the year. It must be said that cryptocurrencies are establishing themselves in the financial wealth of households, irrigating the asset allocations of the portfolios of institutional investors and attracting all players in the financial industry, including payment giants, such as Visa or Mastercard. The success of bitcoin leads to that of other cryptocurrencies, with the exception of those that are too exotic, such as Dogecoin, presented from the start as a joke. More than 10,000 alternative coins (altcoins) are jostling in a market currently valued at 3,000 billion dollars, according to the CoinGecko site.

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