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Bitcoin Vs Dollar Rate: Why Are Investors Rallying Behind Bitcoin?
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ndtv.comBitcoin is the most valued cryptocurrency in the world
Bitcoin hit an all-time high price of over $66,000 last week. On October 21, 2021, the world's largest and oldest cryptocurrency opened trading at $67,139 (roughly Rs. 50.25 lakhs). The coin has notched up record after record since the start of this year, and has constantly been in the headlines. Bitcoin, which is by far the most valued cryptocurrency in the world, has been winning several investors during this time. It still leads the price charts when it comes to market cap value. Despite some strong competitors like Ethereum, Bitcoin continues to be a favourite among investors.
Here are some reasons why investors continue to rally behind Bitcoin:
Top Valued Cryptocurrency: Bitcoin
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