Return bitcoin to the price of $ 14,500
The rise in market value was accompanied by a rise in the bitcoin price, where the price reached $ 15.093 on the Bitfinex trading platform. Currently, bitcoin is trading at $ 14,485 on the Bitfinex trading platform, while the global average is $ 14,550. This represents a one-day increase of 8 percent, with a market value of $ 253.2 billion. The move came in response to a report that Founders Fund, a venture capital firm created by PayPal co-founder Peter Thiel, has hundreds of millions of dollars of bitcoin as an alternative to overvalued technology valuation. Investors are likely to be optimistic that this report signals a new wave of institutional funds to the digital currency markets.