Cryptocurrencies: What is the price of Bitcoin on June 29?

Bitcoin, the first cryptocurrency launched in the marketCreated by Satoshi Nakamoto (a pseudonym) in 2008 following the financial crisis that affected the world; this digital currency promoted libertarian ideals and sought to challenge traditional monetary and financial institutions.

It is known in the world of markets under the abbreviation BTC, bitcoin. Encryption is used. To make sure that your Management is decentralizedThat is, they cannot be regulated by any banking institution or body, which in turn makes cryptocurrencies volatile.

Despite the progress and spread achieved by Bitcoin and other large digital assets such as Ethereum, institutions such as World Bank, International Monetary Fund (IMF), Inter-American Development Bank (IDB) They are still skeptical about the benefits of this type of cryptocurrency.

Despite the skepticism, there are those who have chosen Bitcoin: El Salvador has become the first country to adopt it Cryptocurrency As legal tender on June 9, 2021, Honduras Prospera, a special autonomous region in Central America, did the same.

Bitcoin cryptocurrency price For today at 09:00 (UTC) it is $60,744.52 per unit.

This means that digital assets were present Changed by -1.26% in the last day Beside A difference of 0.12% in the last 60 minutes.

Currently, Bitcoin ranks first in the digital market. It is worth noting that the historical maximum reached by this digital currency is $73,750.07 per unit.

March 12 this Bitcoin has reached a new all-time highSurpassing previous values ​​and reaffirming itself as the most important cryptocurrency in the market, approaching 73 thousand dollars. This record was obtained amid an unprecedented influx of investments in cryptocurrencies, which is a notable development for the digital financial sector.

The increase in the value of Bitcoin occurs in a context where there is a massive influx of capital into cryptocurrencies, which indicates the presence of… Investors’ interest and confidence in these assets has increasedThe rise in price is not only beneficial for Bitcoin, but it also has an impact on Positive impact on the cryptocurrency market Overall, in favor of greater stability and visibility, according to the analysis Bloomberg.

Experts have attributed this increase to various factors, such as institutional adoption of cryptocurrencies, the search for investment alternatives due to global economic uncertainty, and the ongoing innovation in blockchain technology that underpins Bitcoin and other digital currencies. This combination of factors has created a favorable environment for this. Continuous growth In the value of bitcoin.

To obtain and exchange them, they are used Specialized portalsIts value varies depending on supply and demand and user commitment, so it can change faster than traditional money, but the more people are interested and willing to buy a particular currency, the higher its value.

However, anyone who invests in this type of digital currency should be completely clear that this form It brings with it high risks to capitalWell, just as there can be an increase, it can also crash unexpectedly and wipe out the savings of its users.

To store it, users must have a file Digital wallet or walletIt is, in fact, a program through which cryptocurrencies can be saved, sent and dealt with. In fact, this type of wallet only stores the keys that indicate a person’s ownership and right to a particular cryptocurrency, so it is these tokens that actually need to be protected.