Did you know why Bitcoin prices went suddenly upto the sky ? today i'll tell you about that

In 2009 when the bitcoin came into existance , it was very cheap at that time nobody care about it but slowly and gradually this crypto currency became stronger and stronger

They introduced machines that could mine bitcoin from certain alogrithims to be solved , often called (ACIS)

People started taking interest in this crypto currency blockchains got more stronger and stronger

From 2010 many people were aware about bitcoins at that time the price of bitcoin was 200$ still one of the strong currency in the world

bitcoins prices fluctuated from 200$ - 500$ in the mean time from 2010 till 2017 , but suddenly then some thing happend that changed the prices of bitcoin

One of the biggest Ransomware attack (WANNACRY) hit over 40% of the world computers and infected them

Now you might be thinking what is Ransomware ?

Ransomware : is a type of malicious software from cryptovirology that threatens to publish the victim's data or perpetually block access to it unless a ransom is paid. While some simple ransomware may lock the system in a way which is not difficult for a knowledgeable person to reverse, more advanced malware uses a technique called cryptoviral extortion, in which it encrypts the victim's files, making them inaccessible, and demands a ransom payment to decrypt them.[1][2][3][4] In a properly implemented cryptoviral extortion attack, recovering the files without the decryption key is an intractable problem – and difficult to trace digital currencies such as Ukash and Bitcoin are used for the ransoms, making tracing and prosecuting the perpetrators difficult.

It demanded over 400$ from the computers it effected , which resulted in the shortage of bitcoin

And in this way the bitcoin prices went up to the sky

Now 1 BTC = 2781.60 USD