Bitcoin smashes $2,900 barrier to hit record high - Hallo friend LATEST UPDATE NEWS, In the article you read this time with the title Bitcoin smashes $2,900 barrier to hit record high, we have prepared well for this article you read and download the information therein. hopefully fill posts Article GENERAL NEWS, Article HEALTH, Article LATEST, we write can understand. Well, happy reading.

Title : Bitcoin smashes $2,900 barrier to hit record high
link : Bitcoin smashes $2,900 barrier to hit record high

Bitcoin smashes $2,900 barrier to hit record high

RT | Jun 6, 2017

© Jens Kalaene / Global Look Press

Bitcoin’s rocketing rise in value shows no sign of abating after breaking the $2,900 mark Tuesday.

The digital payment reached a value of $2,967.48 at around 1.20pm UTC Tuesday, according to the Coindesk Bitcoin Price Index. The pricing is a record high for the cryptocurrency which has been hit with periods of volatility.

The latest Bitcoin Price Index is 2,903.42 USD https://t.co/lzUu2wyPQNhttp://pic.twitter.com/eoykYLBlCf

— CoinDesk (@coindesk) June 6, 2017

Bitcoin experienced an unprecedented surge in worth recently after trading for the first time above $1,500 back in May.

The spike has been linked to the legalisation of digital currencies in Asia in recent weeks. However, some financial observers suggest the hike is down to increasing confidence in the alternative currency.

Bitcoin +200% in 2017. this ride isn't just Japan anymore: USD back as majority currency. it's a hedge/safe haven. https://t.co/eoQUmjtVddhttp://pic.twitter.com/cXxhgHNpRI

— Daniel Roberts (@readDanwrite) June 6, 2017

#bitcoin hike:@CNBC says it's Japan: https://t.co/uvK7DsX5R4@McClatchyDC says China, Japan: https://t.co/VSnb57HrLg

it isn't 1 thing. http://pic.twitter.com/eJzc0ZF0XH

— Daniel Roberts (@readDanwrite) June 6, 2017

“The biggest driver [of bitcoin] right now is you’re starting to see institutional investors take a keen interest in the entire sector,” financial commentator, Brian Kelly, said last month. “I don’t think this is hot money. This is real money that’s going to sit around and build the new internet.”

Bitcoin rival, ethereum, an open source platform providing ‘ether’ cryptocurrency, also received a boost this month.

The currency, which went live in 2015, reached an all-time high in value of $250.41 on Sunday.

Thus Article Bitcoin smashes $2,900 barrier to hit record high

that is all articles Bitcoin smashes $2,900 barrier to hit record high This time, hopefully can provide benefits to you all. Okay, see you in another article post.

You are now reading the article Bitcoin smashes $2,900 barrier to hit record high the link address https://updatedsnews.blogspot.com/2017/06/bitcoin-smashes-2900-barrier-to-hit.html

Tweet

Subscribe to receive free email updates: