Bitcoin could begin to rise again
According to data from The Block, the number of bitcoins stored on the Lightning Network payment protocol grew by two-thirds in the past year, reaching a record high of 5580 coins. The US company BitPay reports that the volume of transactions in 2022 increased by 18% versus 2021. The growing interest in Bitcoin as a means of payment could indicate that the coin's price will resume upward movement.
Disclaimer: The information in this article is not intended to be and does not constitute investment advice or any other form of advice or recommendation of any sort offered or endorsed by Libertex. Past performance does not guarantee future results.
Why trade with Libertex?
- Get access to a free demo account free of charge.
- Enjoy technical support from an operator 5 days a week, from 9 a.m. to 9 p.m. (Central European Standard Time).
- Use a multiplier of up to 1:30 (for retail clients).
- Operate on a platform for any device: Libertex and MetaTrader.