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.
— 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.