Tuesday, November 5, 2024

What is the market value of the cryptocurrency Bitcoin on June 30?

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Bitcoin, the most popular cryptocurrency on the market, has been promoted by entrepreneurs like Elon Musk and governments like El Salvador, where its use is legal. (Illustration)

Bitcoin, the first virtual currency launched in the marketIt was created by Satoshi Nakamoto (pseudonym) in 2008 after the financial crisis that affected the world; This digital currency promoted the libertarian ideal 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 decentralized.That is, they cannot be regulated by any banking institution or body, which in turn makes cryptocurrencies volatile.

Despite the progress and popularity of Bitcoin and other major 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 skepticism, some have chosen Bitcoin: El Salvador becomes 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 value Today at 09:00 (UTC) it is $60,870.28 per unit.

This means that the digital currency mentioned Change -0.83% in the last 24 hours Beside With a variation of -0.14% in the last hour.

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 highExceeding previous values ​​and reaffirming itself as the most important cryptocurrency on the market, approaching $73k. This record was obtained amid an unprecedented influx of investments in cryptocurrencies, which is a notable development for the digital financial sector.

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The increase in the value of Bitcoin is occurring in a context where there is a massive inflow of capital into cryptocurrencies, indicating the presence of Growing investor interest and confidence in these assetsThe 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 funded this increase due to various factors, such as institutional adoption of cryptocurrencies, the search for investment alternatives due to global economic uncertainty, and continued innovation in the blockchain technology that supports 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 portals. Its value varies according to supply, demand and the commitment of miners, so it can change faster than traditional money, but the more people are interested and willing to buy a particular currency, the higher its price.

An ATM to buy cryptocurrencies. (EFE/EPA/Justin Lin/File)

However, whoever invests in this type of digital asset should be very clear that this model 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.

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