Bitcoin Value Nearly Doubled This Month
The value of Bitcoin has nearly doubled over the last month, jumping to an all-time high of $2,289.21 on Monday, according to Coindesk.
The cryptocurrency is just short of doubling for the month of May. As of Tuesday morning, Bitcoin was trading around $2,245.21, according to Coindesk. On April 30, the currency was valued at $1,348.65.
It’s been record after record for Bitcoin, which jumped over $2,000 for the first time last week. Monday marked the seventh anniversary of the first recorded real-world transaction of Bitcoin, which at the time was valued at a quarter-of-a-cent.