Bitcoin will accelerate to a six-week peak as the market situation improves

NEW YORK (Reuters) - Bitcoin rose six weeks ahead of Tuesday with positive headlines, including the potential entry of potential major financial institutions into space, raising the way to the critical currency market.

The virtual currency grew in the first quarter of the year after a crude 50% loss after nearly 1,400% in 2017.

On Tuesday, Bitcoin rose to the last six of the last seven sessions. It grew by 4.4 percent to $ 9,340.88. BTC = BTSP Bitstamp.

Bitcoin gains also boosted the demand for other crypto currencies, such as ripple and ethereum, which meant the market value of all digital currencies at $ 427 billion according to cryptocurrency tracker coinmarketcap.com. This is the largest market cap since the beginning of March.

"Space has remained relatively stable over the last few weeks, and encryption technologies react to flexibility when people begin to understand better the long term potential of block technology," says Rob Viglione, co-founder of ZenCash, who promises privacy for unlimited, decentralized communications and transactions.

A digital business accounting block diagram based on the general use of critical currencies can be used to track, store, and transfer funds to all industries.