The price of Bitcoin once again crossed the 000 12000 level

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Mumbai, Ta. Wednesday, October 21, 2020

Bitcoin prices have jumped to the level of 15,000 again. Bitcoin prices traded higher at a પર 1,200 level on Wednesday on the Coindesk, hitting a two-month low. After August, the price of Bitcoin has again crossed 15,000.

Analysts believe that if the level of ૨ 15,000 is maintained, Bitcoin will see a higher price. In the current Corona era, players are seen playing Bitcoin amid uncertainty in equities and other commodity markets.

Not only retail but also institutional players are currently becoming active in the crypto market. World markets are seeing a massive capital inflow that is not just turning to traditional financial markets.

The US Federal Reserve is reviewing the costs and benefits of the digital currency, US Federal Reserve Chairman Jerome Powell said in a recent statement.

There were earlier reports that the Indian government was considering introducing a special bill in Parliament to ban cryptocurrencies such as Bitcoin.


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