Bitcoin breaks 40k again - Is it because of donations?

Contrary to what was expected, the bitcoin rose significantly today, to cross the barrier of 40 thousand dollars, to be the second time that the bitcoin crosses this barrier after the current crisis between Russia and Ukraine.

I say the opposite of what is expected, because in light of the difficult economic conditions that the world is going through, political crises and a war that consumes a lot of equipment and money, the rise in market prices, whether stocks or cryptocurrencies, is very difficult.

But it seems that some of the conflicting parties will find that the safe haven for storing some money is cryptocurrencies, as they cannot be blocked or prevented like central banks, but in the end, the blockchain remains a wonderful technology to solve any crisis or any problem.

We return to Bitcoin, whose price has currently reached 41 thousand dollars, with a daily increase of about 4%, which led to the payment of some Altcoins with it as well, bringing most of the cryptocurrency rise from 2 to 4%, and we hope that this momentum will continue until we restore the market value of the cryptocurrency market to be greater than 2 trillion dollars, as the market cap is currently one trillion and 800 billion dollars.

But with the beginning of March, the rise will not be guaranteed, as it happened at the beginning of February, as there are still many political and financial decisions, which in turn will affect the market, but I am somewhat reassured because with the beginning of the crisis, the official Ukrainian account set up two accounts for the first donation of Bitcoin The second is for Ethereum.

In the last news I read, donations so far reached about $9 million in a few days, and most of them are from ordinary Blockchain users from all over the world. This point shows us the power of decentralization that leaves the choice to the peoples of the world without the approval of global banking systems.

We do not need the approval of a particular bank or need official papers or procedures to donate, but you can donate by pressing one button while you are in your place, and for many donation sites spread on the Internet, they are also subject to centralization as they can disable accounts or not allow donations to some parties But Bitcoin rules and it is the solution...