News

Bitcoin Soars to Over $34,000!

Around 3 weeks ago, we reported that Bitcoin, and Cryptocurrency in general, seemed to be hitting a brand new boom period with the value of various coins increasing quite sharply and significantly over a notably short period of time. In specific regards to Bitcoin, however, which is one of the most popular choices around, if you were in any doubt that a fresh wave of mining frenzy was likely on the way, then with the value hitting a brand new high of just over $34,000 within the last 24-hours, there can be no doubt left now.

Put simply, Bitcoin is definitely back, and in a very big fashion!

Bitcoin Value Soars to Over $34,000

Within just the last 24-hours, Bitcoin has hit a brand new record high valuation of $34,544 which, in a nutshell, means that since our last report on December 18th (when the value hit $24,000) it has since increased by over $10,000 in just the last 15 days. More so though, within just the last 12-hour period, the value has shot up by around $4,000 with no signs suggesting that this is going to fall significantly any time soon.

As often seen in previous Cyptocurrency ‘booms’, however, there will undoubtedly be a lot of fallout for general gaming consumers.

What Do We Think?

If you have chosen to stick with Bitcoin, and particularly so during the 2018-2019 period where the value went as low as $5,000 per coin, then you’re in the middle of undoubtedly another golden period where the savvy investor could now walk away now with a significantly huge profit margin. On the downside for general PC consumers, however, with a new boom, there will undoubtedly be more demand for graphics cards which, as I’m sure you’re aware, are already in amazingly short supply.

I suppose at this point though, the real question is how much higher will Bitcoin go? – Well, put simply, where there’s a bang, there will inevitably be a crunch. For the moment though, the trend definitely seems to be steep bordering on vertical!

As we have always said with any Cryptocurrency, however, if you do plan to dip your toe and invest some money, never put in more than you can afford to lose! – You can check the latest Bitcoin valuation via the link here!

What do you think? – Let us know in the comments!

Mike Sanders

Disqus Comments Loading...

Recent Posts

BenQ MOBIUZ EX2710Q 27″ QHD 165Hz 1ms, HDRi IPS Gaming Monitor

SpeakersSpeakersYesSpeaker amount and power output2x 2 WattDimensionsLength / Depth252.5 mmWidth614 mmHeight525.8 mmWeight7.4 kgStandards / SpecificationsAdaptive…

3 hours ago

Intel Core i7-12700KF 3.60GHz Socket LGA1700 Processor

Thermal SpecificationsMax. TDP125 WCPUCPU ManufacturerIntelCPU SeriesIntel Core i7CPU Socket1700CPU ArchitectureIntel Alder Lake-SCPU Cores12CPU Threads20Performance Cores8Efficiency…

3 hours ago

AOC 24B3HA2 24″ 1920×1080 VA 100Hz 1m Widescreen LED Multimedia Monitor 

AOC 24B3HA2 23.6 1920x1080 VA 100Hz 1m Widescreen LED Multimedia Monitor - Black High-performance clarity…

3 hours ago

Corsair Hydro Series iCUE Link H115i RGB Performance Liquid CPU Cooler

Fan SpecificationsFan Size140 mmColourPrimary ColourBlackSecondary ColourWhiteMaterialsMaterialsAluminium, Copper, RubberLightingLightingYesLighting ColourRGBLighting CompatibilityCorsair iCUEAdditional ContentsIncluded fans2x 140 mmTypeCPU…

3 hours ago

Philips Evnia 34″ 34M2C6500/00 3440×1440 QD-OLED 175Hz 1ms FreeSync Curved Ultrawide Gaming Monitor

This monitor is built with features that make incredible visuals. With VESA ClearMR 9000 and…

3 hours ago

Asus Radeon RX 7900 XTX TUF OC 24GB GDDR6 PCI-Express Graphics Card

The AMD RDNA™ 3 Architecture elevated by buffed cooling and power delivery to effortlessly churn…

3 hours ago