[2017-05-21] DC: Bitcoin at all time high of $1,900, expected to grow

Bitcoin at all time high of $1,900, expected to grow

http://www.deccanchronicle.com/technology/in-other-news/210517/bitcoin-at-all-time-high-of-1900-expected-to-grow.html

Bitcoin is soaring to a new high after hitting a peak of $1,939 per coin recently. At this point, it wouldn’t be surprising to see BTC reaching $2,000 in the next few days. Bitcoin is smashing record after record, after reaching $1,800 just a few days ago.

The hike is believed to be connected with the political uncertainty which is currently impacting global currencies, which in turn, pushed people towards digital currencies instead of traditional ones.

According to Coinmarketcap, Bitcoin's market cap reached $32.161 billion today after moving $989.952 million in the past 24 hours. Today's high is a 7-point gain over the past week, with more than $4 billion being added to its market cap.