Bitcoin continues to rise and has already surpassed the outrageous $ 20,000 in the main cryptocurrency exchange house in South Korea, Bithumb.
It was at 4:00 in the morning on Sunday (GMT), on Saturday night for America, when the bitcoin reached 20 thousand 162 dollars, which sets a new record.
Although many expected bitcoin to be triggered by the behavior shown this year, it was surprising how quickly it reached 20 thousand dollars.
It should be noted that the largest cryptocurrency in the world is not regulated by any central bank, so its value depends on each particular stock market.
In most of the bags exceeds 19 thousand dollars, while in CoinMarketCap reached a maximum of 19 thousand 478 dollars, although that same bag reports that in other places exceeds 20 thousand dollars.
The graph shows how Bitcoin has risen dramatically since recent months compared to its historic high.
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What is outrageous about it? Doubling in value over a month is not unheard of also in regular stockmarket. And this is a shiny new market with all the money from institutinal investors waiting to pile in. It's a new market. However, if you expect / hope for a correction,. so do I. But be prepared, the uplift will be at least as fast as it has been now.
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