At a high level of 15 months on Monday, Bitcoin has registered an increase of more than $ 11,000, because Facebook's high-profile project converts cryptocoin into Spotlight.
According to Coindesk's BitCoin Price Index, the digital coins are Monday 5:30 AM. / H.K. Raised the intraday of $ 11,307.69 / SIN, which considers the price of cryptocurrency in different exchange. It is the highest level since March 5, 2018. Bitcoin supported some of these benefits and trading at $10,624.10 at 10:05 a.m. HK/SIN Monday.
After reaching a record high of more than $ 19,000 in December 2017, investors have been away from Bitcoin's bubble blast memories. The cost of cryptocurrency crashed in the years 2018 and early 2019. It came down to $ 3,000
But by the end of February, bitcoin is again going high, because large companies began to announce projects related to cryptoconcency. Loyalist started the operation of cryptocurrencey custody and business execution in March. But this was probably the news of Facebook’s Libra Cryptocurrency that helped increase bitcoin.
"Increase in prices is due to the two main factors, an increasing contract in the investment community is that there is a legitimate value store for the bitcoin digital era, and two CEOs have been forced to take cryptology seriously by each CEO's Libra crypto concentration launch.
Blockchain is the underlying technology behind the beeticon. However, Facebook's project has faced many questions from politicians and central banks, which keeps track of its development.
Bitcoin is now more than up 170% this year. The increase of bitcoin has helped increase the price of other digital coins like ethereum, which is more than doubled this year.
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