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

AMD Krackan Processor with 6 Zen 5 and Zen 5c Cores for Budget AI Laptops Leaked

A new AMD processor in the form of an engineering model has been leaked in…

9 mins ago

SK Hynix Begins Production of First 321-Layer NAND Chips

SK Hynix has claimed to be the first company to mass-produce 321-layer NAND memory chips.…

22 mins ago

Trust Gaming GXT 609 Zoxa 2.0 PC Speakers

SOUNDS GREAT – Full stereo sound (12W peak power) gives your setup a booming audio…

5 hours ago

PowerA Wired Controller for Nintendo Switch

Special Edition Yoshi design Ergonomic controller shape with Nintendo Switch button layout Detachable 10ft (3m)…

5 hours ago

Logitech G Saitek PRO Flight Rudder Pedals

Fluid Motion: These flight rudder pedals are smooth and accurate that enable precise control over…

5 hours ago

Logitech G Saitek Farm Sim Controller

Heavy Equipment Bundle: Includes a steering wheel for heavy machinery, gas and brake pedals, and…

5 hours ago