Bitcoin soars past $40,000 for the first time



The price of the cryptocurrency bitcoin soared past $40,000 for the first time on Thursday, rising $10,000 in just five days.
The price of bitcoin was $40,380 at roughly 1820 GMT, having jumped 10.4 percent during the trading session.
It later lost some ground and Factset data valued it at $38,950 dollars, up 6.52 percent on the day, at 1850 GMT.
“Investors continue to hop on the cryptocurrency train which appears to be gaining more interest now that the US economy is poised to deliver more stimulus in Bidens first 100 days,” said market analyst Edward Moya at currency trading platform Oanda.

Latest News
-
EUR/USD Price Forecast – Euro Bounces From 50 Day EMA.
WikiFX | Industry 2021/1/19 6:34:30
-
How Forex Market Puts Traders into Profits?
WikiFX | News 2021/1/19 6:47:09
-
EUR's Weakness Added as Netherlands and Italy Plunged into Crisis
WikiFX | News 2021/1/19 10:35:04
-
How I Was Scammed by Broker Spring, TWICE!
WikiFX | Exposure 2021/1/20 10:21:26
-
AUD/USD Daily Forecast – Australian Dollar Continues To Rebound Against U.S. Dollar
WikiFX | Industry 2021/1/20 4:55:47
-
Natural Gas Price Prediction – Prices Rebound but Momentum has Turned Negative
WikiFX | Industry 2021/1/20 12:48:16
-
Gold Surges $30 as Biden Sworn In as US President
WikiFX | News 2021/1/21 7:51:59
-
Price of Gold Fundamental Daily Forecast – Start of a Rally or Knee-jerk Reaction to Bidens Inauguration?
WikiFX | Industry 2021/1/20 11:44:42
-
Gold Price Forecast – Gold Markets Rally Significantly
WikiFX | Industry 2021/1/20 8:54:02
-
AUD/USD and NZD/USD Fundamental Daily Forecast – ‘Risk On’ Sentiment Chasing Out Weak Short-Sellers
WikiFX | Industry 2021/1/20 7:48:39
United Arab Emirates Dirham
- United Arab Emirates Dirham
- Australia Dollar
- Canadian Dollar
- Swiss Franc
- Chinese Yuan
- Danish Krone
- Euro
- British Pound
- Hong Kong Dollar
- Hungarian Forint
- Japanese Yen
- South Korean Won
- Mexican Peso
- Malaysian Ringgit
- Norwegian Krone
- New Zealand Dollar
- Polish Zloty
- Russian Ruble
- Saudi Arabian Riyal
- Swedish Krona
- Singapore Dollar
- Thai Baht
- Turkish Lira
- United States Dollar
- South African Rand

United States Dollar
- United Arab Emirates Dirham
- Australia Dollar
- Canadian Dollar
- Swiss Franc
- Chinese Yuan
- Danish Krone
- Euro
- British Pound
- Hong Kong Dollar
- Hungarian Forint
- Japanese Yen
- South Korean Won
- Mexican Peso
- Malaysian Ringgit
- Norwegian Krone
- New Zealand Dollar
- Polish Zloty
- Russian Ruble
- Saudi Arabian Riyal
- Swedish Krona
- Singapore Dollar
- Thai Baht
- Turkish Lira
- United States Dollar
- South African Rand
- Amount
- United Arab Emirates Dirham
- Available
- -- United States Dollar