[2017-05-19] Moneycontrol: Bitcoin close to conquering $2000

Bitcoin close to conquering $2000, shakes off negative publicity from WannaCry

http://www.moneycontrol.com/news/world/bitcoin-close-to-conquering-2000-shakes-off-negative-publicity-from-wannacry-2284263.html

In a series of new all-time highs, the price of bitcoin hit a new peak of USD 1,944 on the CoinDesk Bitcoin Price Index (BPI) on Friday.

The digital currency has appreciated more than 90 percent since the start of 2017 and is close to breaking the USD 2,000 mark. The market cap of bitcoin is now over USD 31 billion.

Gone are the days when negative news used to hammer the price of bitcoin. Despite facing flak for being the preferred mode of payment for the WannaCry ransomware attack, the price is rising and governments are understanding that the virtual currency is not something to be feared but rather understood.