On April 14, it set an all-time high near $65,000, up from around $20,000 in 2017.
It is increasingly common to listen to people who know a friend or family member who has invested in cryptocurrencies and who has great benefits in a short time. It is always less common to hear the same thing but to recognize important losses. However, what is also usually read are phrases such as: "you should have entered before" or "now it does not have so much travel". Taking into account the marked volatility of this investment method, what can be confirmed is that Bitcoin continues to break records.
On April 14, this virtual currency marked a historical maximum of 64,747.51 dollars (53,745 euros), finally being its value at the end of the day of 63,224 dollars (52,480 euros). This milestone was firmly linked to the IPO of Coinbase, the leading cryptocurrency exchange platform.
As shown in the following graph prepared by the statistics portal Statista, based on data from the specialized cryptocurrency website Coindesk, the queen of virtual currencies recorded the highest value in its history that day. However, from that moment on, the fall has also been significant, reaching a daily minimum of 53,780.83 dollars (44,640 euros) on April 20.
If we extrapolate these data to the last four years, despite suffering some slight declines, the price of Bitcoin has experienced significant growth since 2017, when on December 17 it reached its highest value until that date, with 19,167 dollars (15,900 euros). At that time, most investors were natural persons. However, this asset is currently becoming increasingly popular among institutional investors, mainly due to the evolution of the regulation of the virtual money market.
This has mainly to do with the growth in the number of companies that invest in virtual currencies and that begin to accept this innovative payment method. On the other hand, it is becoming more and more common to find a cryptocurrency ATM. In this sense, the country with the largest number of these devices is the United States, with 15,894 installations, ahead of Canada (1,390), the United Kingdom (196), and Austria (156), according to Coin ATM Radar.
Spain, fifth country with the most cryptocurrency ATMs
On its side, Spain is the fifth country in the world with the largest number of cryptocurrency ATMs, with a total of 139, being Barcelona, with 29; Malaga, with 21, and Madrid and Palma de Mallorca, with 17, the cities with the highest number of facilities of this type. In them you can carry out bitcoin, lightning BTC, bitcoin cash, ether, eash, eitecoin, zcash, monero, dogecoin, tether and XRP (Ripple) operations.
When investing in this virtual currency, it is necessary to take into account that Bitcoin is an extremely volatile speculative asset. Its price is very variable, and can have significant rises, as well as tremendous falls. In a highly fragmented market, with illiquid conditions, it is very difficult to maintain stability.