The bitcoin value saw a tremendous growth, close to 25000 USD per coin

As per the reports, the price of Bitcoin once exceeded 25,000 US dollars per coin, rising by more than 5.85% in 24 hours. As of press time, Bitcoin is about 163260.43 yuan per piece.

The Bitcoin market has basically gone up this year except for the sharp drop in March, especially at the end of the year. For example, Bitcoin just passed the $20,000 threshold on December 17. The price of Bitcoin broke through 25,000 USD/coin, and it rose by more than 5% in 24 hours, 25% in ten days, and an annual increase of about 147%

The price of Bitcoin on January 1 this year was US$7199.8. Based on this price, the increase in Bitcoin this year is about 147.23%. It broke through 25,000 USD/coin, and it rose by more than 5% in 24 hours, 25% in ten days, and an annual increase of about 147%

Antoni Trenchev, co-founder and managing partner of Nexo, a cryptocurrency financial institution, said, “We have a new watershed, and the next round target is $30,000. This is the beginning of a new chapter in Bitcoin. Media and retail investors can participate appropriately. Among them, because they are obviously absent from this rising feast.”

Affected by the COVID-19 epidemic, Bitcoin plummeted in March by as much as 25% but later reversed its decline. Proponents realize that Bitcoin can be used as a means of storing wealth in a situation where inflation is still low and the central bank is printing a lot of money.

(Source)