New Record Bitcoin 3500 Dollars
New Record Bitcoin 3500 Dollars. By Zero Hedge.
Bitcoin is now up almost 35% since the August 1st fork, and up over 90% from the mid-July fork-fears panic low.
Buying was heavy in the overnight Asian session but surged once again this morning, seemingly after US CPI data disappointed, lifting the price to a new record high of $3547.
As we noted earlier, “
This is Bitcoin’s best week since pre-Brexit anxiety sent the virtual currency surging in June 2016…
New Record Bitcoin
“Digital currencies are having their ‘Netscape’ moment…The pace of innovation has been accelerating and we are now seeing exciting projects and companies being built on top of digital currencies.”
As CoinTelegraph also notes, recent tension between the US and North Korea has played its part on the global market, rattling some of the major asset classes.
However, not being pegged, or controlled by any centralized force, Bitcoin was totally unaffected by the news.
Cryptocurrencies are famous for their volatility, but the non-correlation between the global market slipping and cryptocurrencies mostly staying up shows that these decentralized forms of currency won’t be affected like traditional assets.
Clicks on the Ads Keep Us Alive ✨
- 2022 Server & Site Tech Support 4200 € 30% 30%
Support Disclosure News Italia
We are working hard, and every day, to keep this blog. Like you we are fighting for the truth. If you want to work with us you are welcome, please email us! The blog costs are at our expense, advertising reimburse us very marginally so if you like our work and find it useful buy us a coffee clicking the donation button below that will direct you to your PayPal. We need the help of people like you!
Bitcoin & Cryptocurrencies Donation