Bitcoin crosses $40K mark, doubling in less than a month

Bitcoin crosses $40K mark, doubling in less than a month

5 years ago
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https://apnews.com/5e4c8114c920652e97a03f0f4d07dca0

CHARLOTTE, N.C. (AP) — First it went through $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.

Bitcoin crosses $40K mark, doubling in less than a month

Jan 8, 2021, 12:32am UTC
https://apnews.com/5e4c8114c920652e97a03f0f4d07dca0 > CHARLOTTE, N.C. (AP) — First it went through $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.