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Bitcoin becomes less risky the higher its value expert predicted amid crypto boom

| UPDATED: 11:57, Fri, Jan 22, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The currency sparked a major resurgence after its market value reached an unprecedented high of $41,000 (£30,000) on January 7, before enduring its worst decline in 10 months a matter of days later. Economists and experts have warned that due to the volatile nature of the currency s value, investors should be cautious when opting to finance Bitcoin moves. Yet, others - including value investor Bill Miller - claim that the currency will only get stronger, as the price of Bitcoin rises.

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