Bitcoin shoots $ 600 in just three days and reaches its new historical maximum
but a new historic day for Bitcoin, which is quoted above US $ 3,400 and renews its historic maxim in the face of increased investor confidence about the future of the digital currency.
At 3:30 p.m., the criptomoeda had gains of 4.48%, at $ 3,400, after earning $ 3,451 earlier, according to CoinDesk data. Bitcoin has more than tripled in value this year and has already risen 18% in August.
Most experts attribute the price increase to market relief after last week's tightening of the bitcoin split into two currencies with the creation of Bitcoin Cash. The "big event" happened on day 1 in front of the proposal of change of the system made by a group of miners, who wanted to improve the characteristics of the currency, especially the speed of transactions made.
Bitcoin Cash fell sharply after its creation, but on Monday it also recovers its price, rising 37% to $ 285.35, about a tenth of the original Bitcoin value. Meanwhile, rival currency Ethereum also has today, but less expressive, of 2.13%, to $ 266.79.
Experts believe that many investors went into "holding bar" to see what would happen to the currency split last week. With this new scenario proving to be far less problematic and dangerous than some people imagined, the trend may be a fresh start with a wave of investor accessions.
I m sure BTC will hit 5000$ this year
Yes, I do too.