Bitcoin worth હજાર 40,000, find out why the value of this cryptocurrency is rising

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New Delhi, 8 January 2021 Friday

The world's most popular cryptocurrency, Bitcoin, has reached a record high, with the total market value of all cryptocurrencies surpassing લાખ 1 trillion for the first time, surpassing 40 40,000 for the first time on Thursday, reaching 38 3,850 in March last year. Since then, it has grown by 900 per cent.

Why the price is rising

Excessive spending on stimulus risks rising inflation, leading investors to turn to Bitcoin, and increasing Bitcoin's popularity among investors, as their confidence in the cryptocurrency grows. "The rise in cryptocurrency is due to a lack of trust in traditional institutions," Nazarov said. "Outsiders may consider it a success. The market value of cryptocurrency has reached લાખ 1 trillion, but this is just the beginning.

Bitcoin dangerous for gold

Bitcoin is becoming a threat to gold. Gold peaked in August, but has fallen nearly 10 percent since then, with Bitcoin being blamed for the decline, investment bank JPMorgan said on Tuesday. Can reach.

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