Bitcoin Valuation Reaches $34,000 USD for First Time Ever

The impressive rise of the leading cryptocurrency continues

Bitcoin‘s recent remarkable valuation rise continues, with the price of the leading cryptocurrency reaching over $30,000 USD ($38,000 AUD). After an impreessive rise more than 300% throughout this year, including a surge of nearly 50% just last month, Bitcoin struggled a bit to reach the $30,000 USD valuation in the past few days. However, once it broke that mark it kept rising to a current valuation of slightly over the $34,000 USD ($44,000 AUD) mark.

Overall, the new record valuation tops off an impressive year for the leading cryptocurrency. During November last year, Bitcoin price surged to break its record high for the first time since 2018 with a price of over $17,900 USD ($23,000 AUD). Earlier last year, Bitcoin’s valuation had fallen to a low of $4,000 USD (approx $5,200 AUD).

 

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