After the Bitcoin high in mid-April, Bitcoin temporarily reached a value of under CHF 30,000 on June 21. Thus, the Bitcoin has lost about half of its value within 8 weeks. Increasing cyber-attacks on companies and rising inflationary fear in the capital market are not helping the course. Nevertheless, the Spanish bank Banco Bilbao (BBVA) wants to make it possible for its customers to trade Bitcoin in Switzerland. This could (linked to the recent events in El Salvador) push the price of Bitcoin up again.
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