As we write, one bitcoin is now worth $40,000 USD. Just a few days ago, it had hit its highest rate which was $34K. Today, Bitcoin broke its all previous records. Such news is great for those who were into the trading business that was waiting for BTC to rise in order to make some extra cash.

Based on the current rate, traders are expecting the Bitcoin value to hit $50,000 in the next few days. For those who aren’t aware of Bitcoin, it’s a well known digital currency that is now on the trend. Many businesses are accepting Bitcoin as a way to make a payment online.

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Erika Ryan is Senior Editor at Thewistle. She previously worked for Crunchbase News as Editor in Chief as well as The Next Web, TechCrunch, and Mattermark. You can contact Erika at [email protected]