Bitcoin soars as investors interest pique - GulfToday

Bitcoin soars as investors interest pique

Bitcoin

Bitcoin. File

Gulf Today Report

Bitcoin gained on Thursday, setting a record-high smashing a $20,000 milestone for the first time.

As at 08:33 GMT, the crypto-currency rose by 6.5% to $22,765.

Bitcoin rose above 175% this year, as investors lean towards it for quick gains and it has low inflation qualities. 


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The world holds high expectation for bitcoin, it is seen as the future mainstream payment method.

Yang Li, Chief Growth Officer at digital foreign exchange platform Ziglu said: "wider adoption will grow the value of bitcoin even more, this is just the start."

 

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