The bitcoin price has increased by around $400 over the past 24 hours, entering the $9,000 region and surpassing $9,200. On April 27, bitcoin experienced a sudden dip in price that sent it to the $8,800 mark. Throughout today, bitcoin and the rest of the market recorded strong gains as the valuation of the market rose to $420 billion.
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Bitcoin Trend
“Obviously, we’re very bullish on the space. We think we’re way below, maybe an order of magnitude — or two — below the real fundamental fair value of blockchain,” he said, stating later that “the industry as a whole is $400 billion. It easily could go to $4 trillion, and $40 trillion is definitely possible,” said Pantera Capital CEO Dan Morehead...Click here to know the details story
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