Bitcoin Sets New All-Time Record by Hitting $40,000

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by Sofia Chegodaeva

The world’s most popular cryptocurrency set its previous historical record earlier in the day when it exceeded $39,000.

Bitcoin has set another all-time record by hitting $40,000 for the first time, trading data shows.

And there it happened! #Bitcoin crossed the $40 000 barrier. A historic day for #cryptocurrency!

— CryptoNewsDE (@CryptoNewsDE) January 7, 2021

​​Earlier in the day, its value was reported at $39,000.

Bitcoin was launched in 2009 – it was the first cryptocurrency to use a decentralised blockchain-based network, which allows secure peer-to-peer transactions.

Bitcoin accounts for at least 70 percent of the global cryptocurrency market.

Sputnik

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