Bitcoin over 10.000 dollars for the first time this year

The price of Bitcoin went up over 10.000 dollars for the first time since the beginning of 2018, a new milestone in the history of the virtual currency for 2019.

The price has tripled since last December that was around 3.200 dollars. This happened after a sharp descent when 19.500 had reached him December of 2017.

Bitcoin

As always, it is difficult to tell what causes changes in the bitcoin value. But an obvious reason can be Facebook announcement for his own virtual , called Libra, earlier this week.

Libra may be a bitcoin competitor, but its announcement brings additional legitimacy to its overall market s.

Also, as its most valuable crypto-currency , το bitcoin χρησιμεύει συχνά ως μέσο ανταλλαγής μεταξύ άλλων cryptocurrencies  – όπως ακριβώς συμβαίνει και με το δολάριο των ΗΠΑ που χρησιμοποιείται μέσο αναφοράς για το παγκόσμιο εμπόριο.

So, the release of the new digital currency by Facebook next year could boost the value of Bitcoin.

The rise of Bitcoin is part of a wider explosion in the coin-currencies. Ether, the currency of the Ethereum network, is now worth more than 290 dollars, a record for 2019. At the same time, the Bitcoin Cash, Litecoin, Monero, and Dash digital coins are all at the highest prices of 2019.

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Written by giorgos

George still wonders what he's doing here ...

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