Bitcoin Crosses the $40, 000 Milestone as Value Doubles in Less than a Month

#Bitcoin just broke $40k!???? $4̶0̶,̶0̶0̶0̶ ????‖ ' ‖‖ ' ‖‖ ???? ‖‖ ' ‖‖ ' ‖‖ ' ‖????#BTC — Binance (@binance) January 7, 2021 Bitcoin has crossed the $40, 000 price point in the first week of January 2021. This is less than three weeks since Bitcoin crossed the $20, 000 mark in December signaling increased demand and interest in the digital asset. At this price, Bitcoin has seen weekly gains of above 40% with speculators saying the bull run is far from over. ____________________________________________________________________ SEE ALSO: Total Cryptocurrency Market Cap Crosses $1 Trillion ____________________________________________________________________ Speaking about the latest psychological significant milestone, Sui Chung, CEO, CF Benchmarks, said: “Less than a month after Bitcoin broke through $20k its price has doubled to $40k. It’s now hard for anyone to deny we are seeing the maturation of a whole new asset class, This could be the ‘broadband moment’ for cryptocurrency – where every company and individual needs to think seriously about how they engage and interact with cryptocurrency.”                  –  CEO, CF Benchmarks As we celebrate Bitcoin gains, a few altcoins have seen even higher gains, most notably: Ethereum – Up 62% in 2021 Stellar – Up 150% in 2021 Cardano – Up 53% in 2021 ____________________________________________________________________ RECOMMENDED READING: More than 1 Million Bitcoins Became Unavailable in the Course of 2020 with Only 4.2 Million Now in Circulation (22%) ____________________________________________________________________ Subscribe to the channel below to catch latest news on video: [embedded content] ____________________________________________________________________ Start trading bitcoin today from as low as $10. Open a Paxful Bitcoin Trading Account to get started! ____________________________________________________________________

Bitcoin Crosses the $40, 000 Milestone as Value Doubles in Less than a Month

Bitcoin has crossed the $40, 000 price point in the first week of January 2021.

This is less than three weeks since Bitcoin crossed the $20, 000 mark in December signaling increased demand and interest in the digital asset.

At this price, Bitcoin has seen weekly gains of above 40% with speculators saying the bull run is far from over.

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SEE ALSO: Total Cryptocurrency Market Cap Crosses $1 Trillion

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Speaking about the latest psychological significant milestone, Sui Chung, CEO, CF Benchmarks, said:

“Less than a month after Bitcoin broke through $20k its price has doubled to $40k. It’s now hard for anyone to deny we are seeing the maturation of a whole new asset class, This could be the ‘broadband moment’ for cryptocurrency – where every company and individual needs to think seriously about how they engage and interact with cryptocurrency.”

                 –  CEO, CF Benchmarks

As we celebrate Bitcoin gains, a few altcoins have seen even higher gains, most notably:

  • Ethereum – Up 62% in 2021
  • Stellar – Up 150% in 2021
  • Cardano – Up 53% in 2021

____________________________________________________________________

RECOMMENDED READING: More than 1 Million Bitcoins Became Unavailable in the Course of 2020 with Only 4.2 Million Now in Circulation (22%)

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Subscribe to the channel below to catch latest news on video:

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Start trading bitcoin today from as low as $10.

Open a Paxful Bitcoin Trading Account to get started!

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