The price of Bitcoin is rising rapidly. According to a report by BBC Online, the price of Bitcoin exceeded 56 thousand US dollars on Sunday. The cryptocurrency has risen more than 90 percent since the beginning of January. Its total market value has exceeded one trillion dollars.
Meanwhile, electric car maker Tesla has become Poyabaro due to the increase in the price of Bitcoin. Tesla CEO Elon Musk invested দে 1.5 billion in Bitcoin in January. As can be seen in a financial document of the company at that time, the company has updated its investment policy. And as part of this huge investment in Bitcoin. At the same time, it has been hinted that digital currency will be used as a medium of transaction for the company. Later in the day, the company has made a profit of about 1 billion dollars on paper.
Satoshi Nakamoto, a Japanese citizen, invented the cryptocurrency in late 2006. Although the real name or identity of this person is not yet known. The name of this new virtual currency is Bitcoin. The currency began to gain popularity in 2013 after surpassing Price 10,000.
Bitcoin started at ৮ 26,900 this year, according to cryptocurrency news site Coindesk. At the beginning of January, the price exceeded 40,000 dollars. Later it was reduced to 30 thousand. Later, after Tesla’s investment, the price started rising again. Bitcoin touched the 50,000 milestone on February 18.
Elon Musk is said to be one of the pioneers of digital currency.
In January 2009, Bitcoin appeared on the world currency market as a digital currency. Transactions are done entirely electronically or online. Since then, the price has fluctuated many times. Bitcoin is being traded in the same way as the US dollar and the pound-sterling.
Recently, a number of companies, including PayPal, one of the largest digital currency transactions, have found support for online payment forms. It is expected that the transaction of the currency will increase further.