The Strategist

Bitcoin jumps over $ 9000 for the first time in a year


06/17/2019 - 12:36



Bitcoin rate on Sunday rose above $ 9000, which happened for the first time since May 2018.



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According to CoinDesk, price of the cryptocurrency on June 16 reached $ 9385. On Monday, Bitcoin is trading at $ 9141.17.

Bitcoin has risen in price by more than 22% in the last 30 days and by 142% since the beginning of 2019, writes MarketWatch. However, the cryptocurrency’s rate is still significantly below the peak levels noted at the end of 2017, when it was close to $ 20,000.

Other cryptocurrencies are also becoming more expensive: rate of the Ethereum rose on Monday by 1%, Bitcoin Cash (BCH) - by 1.6%.

In recent days, he market has been supported by expectations of American company Facebook launching its own cryptocurrency. According to The Wall Street Journal, payment system operators Visa Inc., Mastercard Inc. and PayPal Holding Inc., as well as Uber Technologies Inc. and a number of other large companies have supported the new cryptocurrency, which Facebook plans to introduce in the near future and launch next year.

As expected, Facebook's cryptocurrency - Libra - can be used to make purchases all over the Internet, not only on the social network.

source: marketwatch.com




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