The Price Of Bitcoin Leaps And Comes Close To $ 8000

bitcoin price rise

The price has risen 24% since Friday, but remains well below its record high in December 2017, at $ 19,511.The course of bitcoin flies. Rising for several days, it reached Monday the 8000 dollars for the first time since the end of July. Around 18:30 in Paris on Monday, a bitcoin was worth 7885.38 dollars against 6291.33 dollars Friday at 23 hours, an increase of about 24%, according to figures compiled by the financial data provider Bloomberg. About half an hour earlier, it peaked at $ 7963.32, its highest level since the end of July.

The Frenzy Can Come Back

“Without major news to explain this aggressive assessment, (this one) remains a mystery for investors,” said Lukman Otunuga, an analyst for FXTM. “The frenzy may come back,” earlier in the day, Neil Wilson, an analyst at Markets.com, had said, while bitcoin had already gained 10% last week.

Since early April, bitcoin has gained about 90% while it was confined between 3500 and 4000 dollars in the first three months of the year.

The sulfurous cryptocurrency still remains well below its historical high reached in December 2017, $ 19,511. Created in February 2009 by one or more computer scientists hiding under the pseudonym of Satoshi Nakamoto, Bitcoin has long been worth a few cents.

 

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