Recently, the most popular cryptocurrency in the world reached its peak. market capitalization of $1 trillion. After reaching value at $58,354, Bitcoin had another small setback that took it to the top. at $50,000; however, a few hours later he came back. to rise to $54,000. Given these fluctuations, many wonder if BTC will continue to grow. going up. 

 

The same doubt has accompanied the cryptocurrency since its birth. when he arrived at $20,000, the media claimed that this only announced that there would soon be another crash such as the one that occurred in 2017. The cryptocurrency prevailed against all odds and reached its peak. the $50,000. 

 

Bitcoin, like gold, is a rare commodity that has many factors that can affect its volatility rate. When a good of this category exists, and its demand grows, the price rises. The decisions of Tesla, Mastercard and BNY Mellon boosted the cryptocurrency by showing that large traditional investors are joining the movement economic price of Bitcoin. 

 

According to Jorge Soriano, CEO of Criptan, it is not only about the support What Tesla has given to Bitcoin, but also the support of Paypal and BBA. “Bitcoin price will continue to rise. growing as long as there is interest and large renowned companies maintain their confidence in this asset”, he concluded. 

 

“It is impossible to predict how high it will rise. The price of Bitcoin or how long it will continue to grow, but as commercial establishments begin to recognize Bitcoin as a valid financial asset to make transactions, it will continue to grow. growing and will go away consolidating in its users”, explains the President of the Central American Association of Cryptocurrency Users , José Guillén.

 

The scarcity of Bitcoin is what makes this asset a bet on the future. It is a currency that has come to stay and is still available. finding its stabilization. Being relatively new, it does not have a definitive volatility index, but rather continues to adapt to market supply and demand. 

 

It is not a secret that traditional banking has begun its approach to this asset. New York Mellon announced that they would have a Bitcoin purchase and transfer platform. Little by little, the way is opened for BTC to be a currency of daily use. The fear of the population and the disinformation that is handled in social networks are combated with the institutions that place their trust in Bitcoin and consolidate it as the asset of the future. 

It is important to educate yourself on crypto assets so that you can trade with the proper knowledge. You can keep an eye on the networks of ACUCRIP and Coincaex to learn more about this cryptocurrency.