Bitcoin Price again reached $49000.
Bitcoin price again surpasses the $49000 mark in the month of February 2024. After a big drop in the price of Bitcoin after COVID-19 again it gained momentum in its price.
Bitcoin is a decentralized cryptocurrency working on the principle of Blockchain and gained popularity before covid period.
Many countries like China, and India banned Bitcoin but countries like Ecuador and Venezuela use it for most of the payments. So, opinions on Bitcoin are divided among different countries.
Countries who ban Bitcoin give reasons like an unregulated way of its working which can be used by unethical practices and terrorist activities.
Countries using Bitcoin use its decentralized behavior which can't be controlled by any organization and country like in the case of the dollar. Read more.
Comments
Post a Comment