The value of the digital currency bitcoin exceeded 25,000, on Sunday it crossed 28,000 but later fell.
According to the international website, the price of the world's most famous cryptocurrency bitcoin has crossed the limit of 25,000 dollar for the first time and also set a record of reaching 28,000.
The value of the bitcoin crossed 28,000 on Sunday, but fell to between 26,000 and 27,000 on December 28.
At present, the value of one unit of this world currency, or let's say one rupee, has reached more than 26,700 dollars .
The market value of this digital currency reached 500 billion for the first time on Sunday.
Bitcoin crossed the 20,000 mark for the first time 12 days ago and looks set to hit the 30,000 target this week. It has attracted a lot of investors this year who are buying it for potentially immediate profits.
Investors are investing in bitcoins and other cryptocurrencies during the Code 19 epidemic.
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.
According to analysts, the corrupt currency is 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 currency had risen more than 900 percent in 2017 to close to 20,000 dollor , but financial experts warned that the price could fall sharply.
Then it happened and in February 2018 the price went below 7,000.
Given the rise in the value of the bitcoin, some experts have predicted that this trend could continue in the coming weeks.
Some experts believe that bitcoin could be an alternative to gold as it is being accepted by big companies like PayPal.
