Bitcoin up to the mark of $ 2600 and then rapidly grow

Among the reasons - the impact on the market and Chinese investors in Japan

May 25 cryptocurrency bitcoin rate broke the record again, this time exceeded $ 2500.

Since 2017 bitcoin increased in price by 182%, and according to experts, the fast dynamics continue in the future due to the fact that more and more countries recognize cryptocurrency as legal tender, reports Bloomberg

For example, in April this year, Jeremy Liew, the first investor and Snapchat CEO and co-founder Blockchain Peter Smith said that by 2030 bitkoin could easily reach $ 500,000.

"Users will have made bitcoin 5% of the population by 2030 to bitkoin worth $ 500 000" - said Lew Smith.

If in 2013 bitcoin was used by 120 000 people, in 2017 - 6.5 million. By 2030 the figure should grow to 400 million users.

Investor agrees "bond king" Jeffrey Hundlah, which also predicts continued growth of bitcoin, however, in his opinion, this is due to problems in the stock markets in China.

"Two months course bitcoin added 100%, and the Shanghai Stock Exchange index dipped by 10% compared with other world areas. Perhaps it is no coincidence, "- wrote in his Twitter Hundlah.

 In theory Hundlaha the Chinese capital seeking safe investments opportunities abroad, as long as the uncertainty about the actions of regulators in the financial market.

As a result, Chinese investors have withdrawn funds from the local stock market through cryptocurrency bitcoin to avoid various problems due to strict capital controls by regulators and law enforcement.

Other growth factors include increased activity of traders and growing impact on the market from Japan, where April 1 came into force a law on legalization cryptocurrency. According CryptoCompare, trading volume on the exchanges bitcoin using Japanese yen exceeds 45%, while the proportion of transactions using US dollar is below 30%.

Growth bitcoin also contribute to speculation about what the Securities and Exchange Commission may approve the launch of two funds bitkoin - Winklevoss Bitcoin Trust and SolidX Bitcoin Trust. Finally, his decision to notify the Commission on Monday. In March, the Commission refused to run both funds.