The bitcoin exceeded the psychological barrier of $3000 in the first days after the fork, as the blockchain experts predicted. In the Russian Blockchain Association, such growth is also explained by the global popularization of blockchain technology.
СХ Alexey KALINICHENKO, president of the Russian Blockchain Association
00:38 I think that the reason for this is the release of a new Bitcoin cash coin, which caused quite a lot of interest on the market 00:48
1:13 Well, I believe, in general, this is related to a more intensive expansion of the blockchain philosophy into the market as a whole. 1:24
For the moment, the total bitcoin market capitalization, according to coinmarketcap, is $53 billion and the BTC trade volume exceeds $1 billion dollars per day. With regard to projections, Alexey Kalinichenko predicts the bitcoin price increase until the end of the year.
СХ Alexey KALINICHENKO, president of the Russian Blockchain Association
2:05 I expect the growth until December of this year. You can keep bitcoin in your portfolio till the end of the year. I would recommend to keep on the safe side in December and January. 02:19
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It's quite exciting isn't it?
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