Bitcoin's value reaches an all-time high

The value of Bitcoin has hit an all-time high. The cryptocurrency hit $62,000 on Tuesday (13.04.21) for the first ever time, having witnessed a massive spike in value since the start of the coronavirus crisis. Simon Peters, a market analyst at eToro, told The Independent: “Bitcoin’s price has surged once again thanks to a number of factors, including new demand from institutional investors and wealth managers offering cryptoasset exposure to clients.” In recent months, other well-known cryptocurrencies – such as ethereum and dogecoin – have also seen a dramatic increase in value. ethereum and …

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