2021-10-19 20:58 |
Bitcoin (BTC) has been on the rise in the last few days and its price shot through $61,000 to test a high of $62,614 today. It has been on a sharp rise since mid-July taking it from about $30,000 to its current price of $61,871.72.
It has gained over $30,000 in three months.
To help new investors and traders eyeing to invest in Bitcoin, Invezz has created a brief article to assist them with the best place to buy it.
To find out more, please continue reading.
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What is Bitcoin (BTC)?Bitcoin (BTC) was the first cryptocurrency to be invented and it has maintained the first position in terms of market capitalization since its launch.
It has managed to create a global community of millions of enthusiasts who invest and trade in Bitcoin. Besides trading, it is used by millions in paying for goods and services and some firms have also invested in Bitcoin ATMs.
2021 saw huge companies like Tesla, MicroStrategy, and Square add Bitcoin (BTC) to their spreadsheets. El Salvador also made it a legal tender in the country.
Should I buy the Bitcoin today?If you are looking for a cryptocurrency that sees huge market movements within a short period, then Bitcoin (BTC) is the best choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Bitcoin price predictionBitcoin (BTC) is expected to continue with the bullish rally towards its all-time high of $64,863.10 before the end of October.
Bitcoin social media coveragejust painted all time highest weekly close at $61.5k.#bitcoin onwards, upwards🚀📈
week 12th apr briefly peaked at ATH $64.9k
but short-lived, week closed at $56.3k. pic.twitter.com/ImjAqMHqFU
October 14th #Bitcoin prices:
2021 – $57,405
2020 – $11,393
2019 – $8,310
2018 – $6,226
2017 – $5,692
2016 – $639
2015 – $248
2014 – $408
2013 – $135
2012 – $11
2011 – $4.01
2010 – $0.10
The post Best places to buy Bitcoin (BTC): its price briefly shot above $62K today appeared first on Invezz.
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