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Bitcoin Hits 30K
Description
On Saturday, Bitcoin set a new record.
The price of the digital currency passed $30,000.
Bitcoin has been surging in recent weeks.
Business Insider reports it passing the $20,000 price point a little over two weeks ago.
On Christmas day it edging toward $25,000
Bitcoin has drawn in more interest from institutional and retail investors.
Companies like PayPal added support for cryptocurrency transactions.
Retail investors turned to digital coins as a safe haven (like gold) during the coronavirus pandemic.
The price of the digital currency passed $30,000.
Bitcoin has been surging in recent weeks.
Business Insider reports it passing the $20,000 price point a little over two weeks ago.
On Christmas day it edging toward $25,000
Bitcoin has drawn in more interest from institutional and retail investors.
Companies like PayPal added support for cryptocurrency transactions.
Retail investors turned to digital coins as a safe haven (like gold) during the coronavirus pandemic.
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