Bitcoin, the digital currency, is clearly continuing its recent advancement. The coin traded at a record high of more than $ 28,000 every Wednesday morning. Bitcoin gained 47 percent in December alone.
At the beginning of this year, the crypto coin was valued at around $ 8,000, which was halved to under $ 4,000 during the first corona wave. After that, the price rose mainly in autumn and now towards the end of the year. Other currencies like Ethereum, Litecoin, and XRP are also on the rise.
The value has more than doubled since mid-October, possibly because money managers are starting to see a profit in it. Another factor is that customers of the payment service provider PayPal can pay with Bitcoins. Bitcoin was launched in early 2009 and was only worth a few cents at the time.