Bitstock: Cryptocurrencies worth CZK 2.3bn sold in Czech Republic

Published: 03.05.2021 Related countries:  Czech Republic Czech Republic

Bitcoin and other cryptocurrencies surge in the Czech market

Cryptocurrencies worth almost CZK 2.3bn (USD 105 mil) were sold in the Czech Republic in Q1 2021, up 3x y/y. Trading in 2020 was affected by the coronavirus pandemic, though. Bitstock.com's director Martin Stránský stated that the price of bitcoin has increased by 90% since the beginning of 2021, from ca. USD 29,000 to the current USD 60,000.

Source: Czech Press Agency, CzechTrade team Calgary