The value of the world's most famous cryptocurrency, the bitcoin, has reached an all-time high.
Yesterday, it crossed the 20,000 milestone for the first time and reached $ 23,000 on December 17.
At present, the value of one unit of this world currency, or let's say one rupee, has reached 23,000 dollars (more than 3.6 million Pakistani rupees).
At the moment, the value of one unit of this world currency, or let's say one rupee, has gone up to more than $ 19,000.
Its value rose more than 6% yesterday and has attracted investors this year who are likely to buy it for immediate profit.
The value of the bitcoin has risen more than 400 percent this year from around 36 3,600 in March.
Such fluctuations in bitcoin prices are not new, as seen in 2017, but analysts say prices are more likely to remain stable this time around than in the past.
He said that this corrupt currency was being bought by more investors at the company level.
He said that investors are also interested in cryptocurrency because they see more opportunities in this sector in the future.
The value of the currency rose more than 900 percent in 2017 to close to $20,000, but financial experts warned that the price could fall sharply.
Then it happened and in February 2018 the price went below 7 7,000.
Given the rise in the price of bitcoin, some experts have predicted that this trend could continue in the coming weeks.
One expert said it would not be a surprise if the Bitcoin price reached $ 50,000 with the support of corrupt currencies from companies such as PayPal, Square and MicroStrategy.
