As you may know, these days, Bitcoin is the largest and popular cryptocurrency in the world. This price has reached millions of rupees. Today, till April 12, writing the news, its price is beyond 60 thousand dollars. Yesterday i.e. on Sunday, April 11, its price was $ 59,989 and today its price has reached $ 60,141.90 (about 45 lakh rupees). Explain that on March 25, it was at $ 51,325 (about Rs 37.2 lakh). That is, the price of bitcoin has increased by 21 percent in just 18 days. Today, on April 13, the price of 1 bitcoin in India is Rs 45,80,502.46.
On January 4 this year, the lowest price of bitcoin was $ 27,734 (about Rs 20.7 lakh). After this, the lowest price in April was $ 55,995 (about Rs 41.6 lakh). Explain that the reason behind the soaring price of bitcoin is that big investors are investing in it. Even some big businessmen said that bitcoin should be made legal.
Recently Tesla invested $ 1.5 billion in bitcoin. As soon as Elon Musk made this investment, once again the value of bitcoin rose and bitcoin was discussed everywhere. Tesla has issued a statement that in the coming times, customers can use this currency to buy their products or cars. Many media reports claim that in the coming time its price can reach up to $ 4 lakh (about 2.98 crore rupees).
What is bitcoin?
The way you can see or touch a common currency, you cannot do this with bitcoin. It is a virtual currency. It is also known as cryptocurrency. Bitcoin was created in the year 2009 by a person named Satoshi Nakamoto. At that time the price of one bitcoin was 5 or 6 rupees. But now its price has reached millions of rupees.
Bitcoin can be used only through online medium. That is, where this currency is accepted, you can buy goods by paying through bitcoins. Paying bitcoins at international level is beneficial. Bitcoin is not a currency issued by any country or government, nor is there any regulation on it.