Bitcoin price above $10,000 - will it continue to rise?
For the first time, Bitcoin virtual currency has exceeded the $ 10,000 psychological threshold, after the bitcoin has grown 10 times in less than a year, sparking interest from investors, also increasing the risk of a bubble.
According to data compiled by Bloomberg bitcoin, which is bought and sold on specialized platforms over the internet, valued $ 10,058 ($ 8,489).
A little later, he grew to $ 10,637 and in mid-October, the cryptocurrency was trading at $ 5,000, half the value reached on Wednesday.
A truly spectacular leap, considering that at the beginning of the year, bitcoin was worth about $ 1,000.
According to experts the massive growth started when the Chicago Mercantile Exchange Group (CME), one of the world's leading stock exchanges, announced it will launch contracts in bitcoin.
News that dramatically increased the value of cryptocurrency and sends Bitcoin market share to approximately $ 180 billion. By way of comparison, the Coca-Cola Group is valued at $ 195 billion.
However, Kay Van-Petersen, an analyst at Singapore's Saxo Bank , believes that:
Moreover, he predicts that in the next 6-18 months Bitcoin could reach 50,000, if not 100,000 dollars.
"If the bitcoin will survive at CME, there will be no question of an increase," replied Greg McKenna of AxiTrader.