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| The value of the Bitcoin reached an all-time high in 2021 |
(NEW YORK ) - The value of the digital currency 'bitcoin' has reached an all-time high. According to India Times, the value of bitcoins has risen sharply in recent times and now the value of this digital currency has crossed 60 60,000 (approximately Rs. 9371,000) for the first time in history. At 5:35 pm on March 14, the price of bitcoin had reached 61 61,080, but today it has decreased in two days and today it has come down to 60 60,000....
Experts say the biggest reason for the rise in the value of the bitcoin is institutional investment. Big technology companies are investing in bitcoins, which is rapidly increasing in value. Tesla, Twitter and several other big companies have announced that they will also invest in bitcoins. China's largest internet company, Coin Desk, has also announced investments in bitcoins. The second reason is that many tech companies are recognizing bitcoin as a 'payment' method....Due to which its value is increasing. Many celebrities, including Tesla founder Alan Musk, are also encouraging investment in bitcoins, which is another reason for the rise in value of bitcoins....
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