The price of Bitcoin rises

in #bitcoin8 years ago (edited)

The price of bitcoin rose more than 10% on Tuesday to around $ 14,900 per coin after the Wall Street Journal reported that Peter Thiel's Founders Fund had "accumulated hundreds of millions of dollars" in the cryptocurrency.

The current price of Bitcoin (BTC) is BTC 14,996.88 (1.693,87 12.73%) per cryptocurrency is expected to grow in the coming hours, which could also affect the price in other cryptocurrencies, so there is be attentive.

According to the report, the fund bought the value of "$ 15 to 20 million" from the digital currency and has told investors that the bet is now worth more than five times the main investment.

It is not clear when the fund bought the chips, or if they sold any, but it is likely that the company will obtain considerable profits after the 1.41% increase in Bitcoin in 2017.

The extremely volatile cryptocurrency is rapidly gaining popularity among major investment stores: two exchanges launched bitcoin futures contracts in December, and Goldman Sachs is reportedly building a cryptocurrency trading desk.

Undoubtedly an encouraging news for Bitcoin which started the year with a somewhat uncertain panorama.

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