Bitcoin hits its highest point in the last 14 months
The digital asset placed above $ 12,000, a price that marks its growth of 50% in the last 3 months
The bitcoin once again exceeded $ 12,000 and thus reached its highest price in the last 14 months.
The most popular digital asset in the world, after the fall registered at the beginning of the coronavirus pandemic, has seen how its value has increased by 50% in the last three months.
Executives from different companies that work within the market stressed that the price surge is due to the speculation that exists in the market today.
“A very large company, MicroStrategy, which has a market capitalization of $ 1.3 billion, made the decision to buy $ 250 million of bitcoins, and there are institutional investors who are supporting bitcoin as a store of value,” said Diego Gutiérrez Zaldívar, executive director of IOV Labs and founder of the NGO Bitcoin Argentina, to explain the soaring of the cryptocurrency.
On the other hand, the businessman assured that in addition to bitcoin, gold is being used as an asset protection mechanism, given the uncertainty in the global economy and the devaluation of the dollar.
K.Tovar
Source: Ambito
