Bitcoin jumps for the first time in a year to reach that price

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The price of the cryptocurrency “Bitcoin”, rose on Sunday to the highest level since August 2019, amid a gradual recovery in the global economy.Bitcoin has reached $ 12,000, according to the Queen Market Cap portal, which collects data for more than 20 trading platforms.

Thus, its price increased by 4.91 percent to 11,918 dollars, while it increased on the leading cryptocurrency exchange “Binance” by 5.41 percent to $ 11,980.It is noteworthy that the Bitcoin digital currency continued to rise and harvested many gains, in light of the crises facing the world economies due to the spread of the Corona epidemic, and the precautionary measures taken by the two countries to confront it.

Many considered Bitcoin a safe haven and began fleeing to it after the Corona crisis, which led to a rise in its price.

Source: Arabic 21

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