Bitcoin (BTC) has been on the rise in the last few days and its price shot through $61,000 to test a high of $62,614 today. It has been on a sharp rise since mid-July taking it from about $30,000 to its current price of $61,871.72. It has gained over $30,000 in three months.
To help new investors and traders eyeing to invest in Bitcoin, Invezz has created a brief article to assist them with the best place to buy it.
To find out more, please continue reading.
Best places to buy Bitcoin
eToro
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
What is Bitcoin (BTC)?
Bitcoin (BTC) was the first cryptocurrency to be invented and it has maintained the first position in terms of market capitalization since its launch.
It has managed to create a global community of millions of enthusiasts who invest and trade in Bitcoin. Besides trading, it is used by millions in paying for goods and services and some firms have also invested in Bitcoin ATMs.
2021 saw huge companies like Tesla, MicroStrategy, and Square add Bitcoin (BTC) to their spreadsheets. El Salvador also made it a legal tender in the country.
Should I buy the Bitcoin today?
If you are looking for a cryptocurrency that sees huge market movements within a short period, then Bitcoin (BTC) is the best choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Bitcoin price prediction
Bitcoin (BTC) is expected to continue with the bullish rally towards its all-time high of $64,863.10 before the end of October.
Bitcoin social media coverage
just painted all time highest weekly close at $61.5k.#bitcoin onwards, upwards🚀📈
week 12th apr briefly peaked at ATH $64.9k
but short-lived, week closed at $56.3k. pic.twitter.com/ImjAqMHqFU— Adam Back (@adam3us) October 18, 2021
October 14th #Bitcoin prices:
2021 – $57,405
2020 – $11,393
2019 – $8,310
2018 – $6,226
2017 – $5,692
2016 – $639
2015 – $248
2014 – $408
2013 – $135
2012 – $11
2011 – $4.01
2010 – $0.10— Bitcoin (@Bitcoin) October 14, 2021
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