The world’s largest cryptocurrency rose to an all-time high and is now trading at $ 29,829 after hitting the previous peak the day before. According to data from CoinMarketCap, Bitcoin rose to an all-time high of 29,829 and is one step closer to the $ 30,000 level.
Among the factors that push Bitcoin up are the news that institutional investors are buying more of this digital currency and the US government’s sanctioned decision to continue to issue incentive controls (also known as “survival checks”) for the US population.
Last year, the check (hence the name “Trump checks”) launched by President Trump under his name was worth $ 1,200.
The new incentive will be $ 2,000 each.