For the first time ... an "unbelievable number" for the price of "Bitcoin"

 The value of the virtual "Bitcoin" currency crossed the threshold of $ 30,000, on Saturday, for the first time in its history.

At around 13:00 GMT, Bitcoin was valued at $ 31,502.77, according to Bloomberg data.

The value of this hypothetical currency crossed the threshold of $ 20,000 for the first time on December 16, and approached 30,000 in recent days.

The independent analyst based in Germany, Timo Emden, director of Emden Reisersch, said that the "risk appetite" in buying this cryptocurrency "remains stable," and suggested that "in light of the price dynamics, more unprecedented levels will be recorded."

This boom began at the end of October with the launch of the electronic payments giant "Paypal" a service to buy, sell and pay in cryptocurrencies.

In addition to this service for individuals, investment funds are increasingly interested in this asset that is characterized by sudden price movements, despite the caution that prevailed for a long time.

"Many private investors do not yet have the nerve to approach, and prefer to watch," said Timo Enden.

Nevertheless, analysts of the American bank, JP Morgan, had recently seen that "the use of Bitcoin by traditional investors is just beginning", and compared this decentralized digital currency to gold.

Also, analysts at well-known banks in the US market, such as Citi, have finally begun to follow the fluctuations in the value of this cryptocurrency.

Many believers see the value of this currency, that it derives its importance from the fact that it lacks a center to decide on it, as it emerged from a network launched by unknown people in 2008 and remained unaffiliated with any financial institution.

The value has experienced widespread volatility.

In 2017, its value approached a thousand dollars, and then witnessed a rise over the following months, before achieving a boom between mid-November and mid-December of the same year, which was reflected in the value doubling 4 times.

On December 18, 2017, its value rose to $ 20,000, in an event that was followed by a decline in prices throughout 2018 and ultimately stabilizing at $ 3,000.