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Bitcoin breaks the $ 22,000 barrier for the first time in its history

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Bitcoin hit a historic level on Thursday, after its price exceeded $ 22,000.

The price of Bitcoin, Thursday evening, reached $ 22,000, surpassing the previous historic level, which was recorded at the end of 2017, at $ 19.8,000.

Analytics company “Chanalesis” said that the number of “bitcoin” currencies available to new investors began to decline early this year, and estimated that there are about 3.4 million currencies available from them, adding that a group of large investors, major companies and financial institutions are turning to invest in them.

According to the Coin Telegraph site, the Grayscale digital currency investment fund, which represents about 12 high-profile investment institutions, owns more than 500,000 unit, half of which have bought in the past six months only.

It is noteworthy that the number of Bitcoins offered for circulation in the market amounts to 18.5 million units, out of 18.5 million units allowed to be offered for trading.

it is a university network that provides a completely new payment system and electronic money. Bitcoin is the first peer-to-peer decentralized payment network that is fully managed by its users without any central authority or intermediaries. From a user’s point of view, Bitcoin can be likened to a large extent to the internet’s fiat currency.

It uses peer-to-peer technology to operate without central authorities or banks. Transaction management and issuance of bitcoins are generally done through the network.

it is open source; Its design is open to the public, nobody owns or manages the Bitcoin network and anyone can participate. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

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