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Bitcoin increased to 8 thousand US dollars

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Bitcoin increased to 8 thousand US dollars
July 25
09:00 2018

Enthusiasts of the cryptocurrency market can beat drum. The bitcoin rate continued to grow and crossed a psychological mark of $ 8,000 per one unit of the cryptocurrency. This was reported by MarketWatch, an authoritative portal which follows the news of economics and finance. The last time such quotations were observed in May.

At the moment, bitcoin has shown an increase by 6.3% to the level of $ 8188. Over the week, the most popular cryptocurrency has grown by 16.5%, and since the beginning of the month the growth has totaled 40%.

The growth of the bitcoin price has brought the total value of all world’s cryptocurrencies to the level of $ 300 billion.

There are no obvious reasons for the bitcoin price increase. Most likely, this revival has been caused by an interest growth in cryptocurrency from institutional investors.

 

The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

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