Negosyante News

November 5, 2024 4:39 pm

Bitcoin Reaches $37,000 For the First Time

IMG SOURCE: Andre Francois Mckenzie on Unsplash

Bitcoin as of January 7, 2021 has reached a trading price of $37,800 for the first time.

PayPal announced in October, 2020 it would enable account holders to use cryptocurrency.

Analysts at JPMorgan Chase compared Bitcoin to gold, saying “Bitcoin could compete more intensely with gold as an ‘alternative’ currency over the coming years given that millennials will become over time a more important component of investors’ universe,”

 

Source: Inquirer

 

 

 

 

 

Comments are closed for this article!

Subscribe to Our Newsletter and get a free pdf:

Sign Up for negosyante news

and receive a copy of The Crypto Cheat Sheet (PDF)
and NFT Cheat Sheet for free!

* indicates required