The cryptocurrency reached its previous high of 19,511 dollars in December 2017.
The value of Bitcoin has passed the $ 19,000 mark for the first time in almost three years. On Tuesday, the price of the cryptocurrency in London climbed to 19,246.90 dollars (16,172.51 euros) at times, the highest level since December 2017.
At that time, the value of the currency had reached its highest point: a Bitcoin cost 19,511 dollars. The following year, the value then fell dramatically by 75 percent.
When trading started in February 2009, Bitcoin was only worth a few cents. In the first few years, the currency developed away from the public eye. Bitcoin broke the $ 1,000 mark for the first time in 2013.
This year, the increase in value began on October 21st – the day when the payment service PayPal opened up to trading in cryptocurrencies and announced that it would also be possible to pay with digital money from the beginning of 2021. Since then, the price of Bitcoin has increased by more than 60 percent.
The idea behind the digital currency is a currency that exists independently of states, central banks and monetary policy. Unlike traditional currencies, digital means of payment are not controlled from a central point, and bookings do not have to be confirmed by a central point.
