Bitcoin is approaching 10000 dollars. again a record $ 9682. Why is bitcoin increasing?
The price of digital money Bitcoin quickly surpassed $ 9,000 on Sunday and surpassed $ 9,600 this morning. In the last 3 days of the past week, 100 thousand new Bitcoin accounts have been opened and the number of accounts has reached 13.1 million.
Bitcoin saw the highest level of all time, $ 9682, currently trading at $ 9600 level.
The price of bitcoin has risen by 869 percent since the beginning of the year. The price has risen 158 percent since October 31, when CME said it plans to process futures contracts. The market value of the virtual currency has also reached 157 billion dollars.
Coinbase said that upscale retail demand is due to the fact that 100,000 new Bitcoin accounts have been opened and the number of accounts has reached 13.1 billion in the last 3 days of the past week.
How much more will Bitcoin increase or decrease? Any ideas?
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I see Bitcoin rising in value tremendously and more people diversifying into other coins for fear of a crash. Hopefully the bigger alternatives like eth, bch, litecoin, etc will become more valuable and a better opportunity to spread the risk in holding.
you're right
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