Bitcoin price reaches $ 29 thousand

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The bitcoin cryptocurrency on Wednesday, December 30, rises in price by more than 8%, the cost of the most popular cryptocurrency for the first time rose to $ 29 thousand, continuing to update historical highs.

According to the CoinMarketCap portal, as of 00.49 Moscow time, bitcoin is rising in price by 7.75%, to $ 28 97, and on the Binance exchange, the largest cryptocurrency exchange, the price of the crypto currency reached $ 29 thousand.

Bitcoin accounts for approximately 70.5% of the entire global cryptocurrency market.

On December 17, experts predicted the growth of the bitcoin rate to $ 31 thousand in 2021. According to experts, the cryptocurrency quotes will continue to grow at least until the end of the l quarter of 2021.

Some experts predict a rise in the price of this asset with a slowdown or even short-term recessions throughout the first half of the year, along with other cryptocurrencies.

Experts believe that the rate of cryptocurrencies will change under the influence of fluctuations in the global economy. Among the factors that may have an impact on quotes, economists name investments of large companies, the effectiveness of vaccines against COVID-19 and the economic consequences of the pandemic, as well as activity in the stock markets.

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