Frankfurt, Dec. 17, (dpa/GNA) – The price of Bitcoin has exceeded the threshold of 21,000 dollars for the first time.
The cryptocurrency was worth just under 21,340 dollars on the Bitstamp trading platform as of Wednesday evening.
It shot past the previous record of 19,700 dollars in November.
Bitcoin, like other commodities has seen growth in value during the pandemic and has benefited as interest in digital currencies seems to have risen again in recent months after a prolonged lull.
Other reasons for the increase in value are a relative scarcity and and Paypal’s plan to allow customers to pay with cryptocurrencies.
In general, interest from professional investors seems to have increased, after private investors with smaller funds first came on board.
GNA