Nov 5, 2020

Bitcoin price renews annual high at above $14 000

Pi Capital Union analysts have stated that on Saturday 31st of October, the quotes of the first cryptocurrency in the moment reached a level of about $14 100, setting a new maximum in 2020.

This is the best present for the 12th anniversary of the white paper bitcoin publication.

At the time of writing, the price of BTC on aggregator coinmarcetcap.com is around the $13 700 mark. The price movement is accompanied by an increase in trading volumes.

Bitcoin crossed the psychological mark of $13 000 on October 21st.

We believe that a fair price for the first cryptocurrency is $15 000.

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Risk Awareness

Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies. Trading or holding funds in cryptocurrencies comes with significant risks, including volatile market price swings or flash crashes, market manipulation. Use EUPi stable coin to secure your funds from market volatility.

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