For the first time in the last three years Bitcoin surpassed $ 1.000.
The last time he was at these heights was December of 2013. The currency started at the beginning of 2016 with a parity of approximately $ 450 per Bitcoin, and therefore saw an increase of 125% within one year.
Despite the fact that Bitcoin has not reached the record of $ 1,216.7 previously held, today it is in the highest price its total capitalization is estimated at $ 16.399.607.673.
For those who have Bitcoins in their wallet this news is obviously New Year's gift. Bitcoin market experts are optimistic about its future trajectory, stating that by the end of the year its price could be anywhere between $1.400 and $3.000. Of course, this is all speculation and everything depends on the market as well as its online security, since a possible hack in its traffic services could cause a huge blow to its price.
The current growth is likely due to China, where Bitcoin has seen a surge in demand following a 7% annual decline in the yuan's value in 2016.