Bitcoin crossed the $7,600 barrier and expecting to cross about $8,000 in this month-report claims
Are you among those who bought Bitcoins about 8-10 years ago? 5 years? 3 years? No? I regret to say that you and I are in the same boat of disappointment. Those who got these Bitcoins in the previous times are now enjoying the value of it on its all-time high! Especially, the last couple of weeks were jaw-opening for every single person who knows the importance of bitcoins. The price of a single bitcoin started from below $6500, then hiked to $6500, and then even $7000. That’s not all, the current value of a single bitcoin equals USD 7267.35 and the trends are showing that it will easily climb the $8,000 figure.
Cryptocurrencies All The Way
Not only bitcoin, but the total value of all cryptocurrencies in the world hiked above the $200 billion figure, although the key factor in this rise was bitcoin. According to the figures, Bitcoin has managed to go 700% north of its actual value in the last few years.
The journey has been unpredictably weird because it is the world’s strongest currency at the moment. Not to be surprised, the researchers say that it might hit the $25,000 figure by the year 2022. By the next year, the price will be somewhere around $11,000 but the best is yet to come. Last but not the least, the bitcoin may hit a figure of $50,000 by the year 2025.