The world is spinning around Bitcoin, it could change the world





In the cryptocurrency world, as we all know, since May, the price of Bitcoins has been rising and rising. Bitcoin reached a record high on Tuesday, climbing above $2,900 for the first time. That's more than double the price at the beginning of May. To understand how significant this is, even in the volatile bitcoin market, the cryptocurrency's previous record price of $1,165 took three years to topple, which happened in February this year when bitcoin traded at $1,210.

The big question is why the market suddenly got so optimistic about Bitcoin's future. Not only the cryptocurrency enthusiasts' sustained and fanatical attention, more and more government and banking institutions began to change the attitude of BTC.

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Pact to Speed Up Bitcoin Drives Digital Currency to Record High
This time, by the fiery situation of BTC, other digital currencies like Perfect Money, WebMoney, OKPAY, Neteller, Payeer are very popular. For a time, the most interesting thing is that everyone wants Bitcoin despite they need to spend a much higher exchange rate than ever before. Cause they want to add funds to BTC forex trading platform by these hot e-currencies. This is the fastest way to deposit, cause BTC price may rise sharply on the instant.

Changes in the attitude of banks to the BTC
Japan adopted legislation that recognized bitcoin as a commodity, paving the way for new financial products from big banks, like this interest-bearing bitcoin account.
Earlier in China, the government's attitude to the currency has been uncertain, but it is becoming more and more inconsistent with Bitcoin. According to CNBC reports, analysts believe that the U.S. - China exchange bitcoin price differences fell sharply. This shows that the risks associated with China's bitcoin investment is lower than before. In other words, a lot of Asian investment is making bitcoin prices soaring.

Obviously, these two reasons can not entirely explain why the price of bitcoin is going crazy. But it shows that Bitcoin can still be sustained and enthusiastic over a period of time.

Epay provides regular news bulletins from the world of new technologies, money transfers and payment processes. Particular attention is paid to the digital currencies, the Bitcoin and Internet payment solutions.


All comments;1

admin 2017-06-15

Hey buddy, you are right, BTC is very popular now in our country, everyone wants to hold it. But now the price of btc is too high to buy


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