In recent years, cryptocurrencies, cryptocurrencies or virtual currencies have become an option for those who have surplus money and want to make it profitable.
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And, like any other instrument of investment that is bought and sold to obtain profit, its price is usually the indicator that determines the decision to bet or not on this new technological commodity, whose “Purchase, sale or exchange is done virtually.”
That is why, today, cryptocurrencies are – as they point out in My BBVA digital guide– Synonymous with digital money, and its use as a means of payment has begun to become widespread, which is why more and more companies and businesses accept them in their transactions.
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THIS IS HOW THE PRICE OF THE BITCOIN IMPACT
Because Bitcoin (BTC) was the first cryptocurrency to appear and operate in the international market, in 2009, and the one responsible for initiating the entire movement of digital currencies, its price fluctuations strongly impact the rest of a market that these days is gaining more followers.
Since then, Bitcoin, BTC or new digital gold is the most popular cryptocurrency and after presenting itself as an alternative to the traditional monetary system, it has become an option for those who have surplus money and want to make it profitable by buying and selling money. fully digital currencies.
WHAT IS THE PRICE OF THE BITCOIN?
To begin with, the value of each Bitcoin – like any other cryptocurrency – is variable and, therefore, many people buy them to sell them and make a profit from it.
Although, in an Internet search engine you can easily find the cost of Bitcoin or another cryptocurrency, the same trading platforms also provide this information and in the local currency.
In the case of BTC or new digital gold, its current value as of today in Buda.com, for example, it is at S / S / 202,000. This price represents a gain of 8.4% in the last 24 hours, while in the last seven days, the value of Bitcoin increased 3.7%.
HOW MUCH ARE THE OTHER CRYPTOCURRENCIES TRADED?
Taking into account that in addition to Bitcoin, other cryptocurrencies are already part of this market, we can also find ether or Ethereum (ETH), litecoin or USD Coin, among others.
Ether or Ethereum is currently trading –on Buda.com– at S / 14,400 and Litecoin at S / 803.75. In the last seven days both cryptocurrencies have reported growth, while in the last 24 hours, the price of ETH has grown 4.4% and that of Litecoin 5.8%.
While the USD Coin is valued at S / 4.18, an amount that has moved 0.2% in the last 24 hours and 0.7% in the last seven days.
But, because the cryptocurrency market works in a particular way, those who are interested in betting on digital money, can choose to buy fractions of a cryptocurrency, that is, depending on the money you want to allocate to your investment.