ATH: Bitcoin at $ 8 100 !!!

In spite of more and more detractors, Bitcoin continues its frantic race to new heights. After a week rich in emotions, a new $ 8,100 ATH was reached this Sunday.

The little beast that goes up ...

Between Wednesday and Sunday last week, the price of bitcoin fell sharply from $ 7,700 to under $ 6,000. Since then, we have witnessed a rise that becomes usual. We had been waiting for a while to see the price exceed $ 8,000, and the week proved us right.

So this Sunday, Bitcoin reached a new ATH placed at $ 8,100. This is a gain of more than 30% in 7 days, a common lot for Bitcoin. Its capitalization now exceeds $ 134 billion (for the prospect, it is double the total capitalization of Airbus)

Why so much volatility?

The drop last week is due in large part to the abandonment of the SegWit2x hard fork, and the resurgence of Bitcoin Cash, which had reached four times its price in stride.

It is also likely that the announcement of the upcoming arrival of bitcoin futures continues to emulate, and that more and more institutional investors are preparing to invest capital massively.

This does not seem totally irrelevant, indeed, some great leaders adopt a tone more and more interested when we mention Bitcoin. This is the case of the CEO of Goldman Sachs, for example, who recently declared "open" on the subject, while still maintaining the most neutral attitude possible.