Bitcoin prices have experienced some newsworthy gains today, climbing to their loftiest value in more than two years.
The world’s most prominent digital currency reached $16,786.89 this afternoon, according to CoinDesk data.
At this point, it was trading at its highest price since January 2018 and had climbed more than 333% since hitting a 2020 low below $3,900 in March, additional CoinDesk figures show.
Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.
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