WhatsApp backtracks and withdraws its privacy changes, for now until May

marks its all-time high as investors and large companies jump on its boat

Almost three years ago, in December 2017 Bitcoin was on everyone's lips, after reaching a historical maximum of $ 19,786 that multiplied by 16 the value that the cryptocurrency had in April of that year.

After that, the (apparent) decline: Bitcoin lost up to 84% of its value and more they feared it was another case of unbridled expectations driven by speculation and 'dospuntocerismo'.

Even among those convinced of cryptocurrencies, Bitcoin began to lose its luster as a leading currency, and they started looking for alternatives like Ethereum and other altcoins.

And yet 2020 came, a crazy year, and Bitcoin has not only come back, but has beaten its all-time high marking $ 19,829, according to the Bitcoin Price Index published by Coindesk.

Why am I not going to invest in bitcoin or cryptocurrencies

New 'hype' or mere economic situation?

In summary, so far this year, the value of the coin has grown by 167%; in fact, from its yearly lows in March (when it fell more than 50% in a single day), Bitcoin is up more than 400%.


Evolution of Bitcoin throughout today.

You cannot blame this on the 'media hype'. As Coindesk well remembers, the total volume of both media headlines and messages on social networks regarding Bitcoin has been a long way from the 'boom' of 2017 in recent weeks.

That is people hardly talk about him... but still investors are betting on the star cryptocurrency, and executives of companies like Citibank predict further increases in its price for it.

Although for that, you should first be able to stabilize around $ 20,000, which continues without achieving for now.

The economic conjuncture helps to this: With all central banks incentivizing 'cheap money' to help combat the economic slowdown caused by the COVID-19 pandemic, investors see Bitcoin as protection against the possible return of the boomerang in the form of rampant inflation.

If you operate with cryptocurrencies, be careful: if you change from one crypto to another winning, you will have to pay the Treasury

Another relevant data that indicates how the wind blows again in favor of Bitcoin: yes just two years ago the CEO of PayPal claimed that this cryptocurrency was basically "a scam", its successor has announced that the payment platform will start operating without intermediaries using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, the most stable and popular cryptocurrencies.

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