SunStar Bitcoin crosses $40K mark
HUGE RALLY. Jon Rumion, background left, talks with Michael Cargill at Central Texas Gun Works in Austin, Texas. Bitcoin has crossed the $40,000 mark, extending on a huge rally that started three months ago, Thursday, Jan. 7, 2021. / AP
+ January 08, 2021 FIRST it went through US$20,000. Then 10 days later, it broke through $25,000, and then, with barely taking a breath, it crossed $30,000. Now only a few days into 2021, the price of bitcoin has crossed $40,000.
Nothing’s new with the digital currency in the month since it crossed $20,000 there’s been no major change in how it can be used. Although some investors are now using the notoriously volatile currency as a “store of value,” which is traditionally a title saved for safe haven investments like gold and other precious metals.
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