THECRYPTO.WATCH – BTC investors can cheer excitedly this time. Finally, bitcoin set a record with the highest number. This digital currency successfully reached a value of 944 million per coin or US $ 67,016.5.
Previously, BTC was at US$ 64,895 per coin in April 2021. Compared to September, the value of BTC jumped up almost 50% in October.
Bitcoin Set The High Record
The value of Bitcoin is reportedly up more than 300 percent from last year. After previously falling 73 percent in 2018, it is now up 95 percent from 2019.
According to the data above, compared to data in 2020, Bitcoin continues to rise. The price difference is also assessed many times compared to today.
Bitcoin, Digital Gold
Despite having many debates, Bitcoin is still considered as digital gold. A year ago, they were both shot, but this year is a different story. If Bitcoin so far shot more than 127% this year, then gold actually weakened by more than 6%.
Whereas traditionally gold is considered a hedge against inflation. According to the data, inflation in the United States is at its highest level in 3 decades today. The same thing also happened to European countries that were experiencing high inflation.
