Bitcoin broke a new record on Thursday. Cryptocurrency was invented in 2008.
The price of bitcoin crossed the threshold of $ 15,000 (some 13,592 francs) on Thursday, a first in nearly three years, confirming the return to favor of the cryptocurrency for several months. Around 6:05 p.m. in Paris, bitcoin jumped 8.30% to $ 15,171.63. The cryptocurrency had not crossed the symbolic threshold of 15,000 dollars since January 9, 2018.
This rise is part of a rebound that began in mid-March, when bitcoin was worth less than $ 4,000, so many analysts attribute the return to the spread of the Covid-19 pandemic in the world. This leads to massive responses from central banks who keep their interest rates very low.
As a result, some investors are turning away from traditional physical currencies and approaching bitcoin no longer as a means of payment but as a kind of “digital gold”. Moreover, the yellow metal also climbed Thursday by more than 2% to nearly 1950 dollars an ounce around 5:45 p.m. in Paris.
To explain the rise of bitcoin, Naeem Aslam, analyst at Avatrade, further observes that “more and more companies are adopting bitcoin.”
At the end of October, the online payments service Paypal announced the launch of a service allowing “to buy, hold and sell cryptocurrencies”, causing a first rise in the price of bitcoin to its highest in one more time. a year.
When it was created in 2008, bitcoin was presented by its inventor, an anonymous person known by the pseudonym Satoshi Nakamoto, as a possible alternative to existing online payment methods. Very volatile, it rose to almost $ 20,000 in December 2017 before falling. It is not legal tender and is not issued by a central bank.