Bitcoin crosses $1700 yesterday, the first time in his history to set an all-time high.
On Tuesday morning, the new rate of Bitcoin crosses $1700 to set an all-time high. In January, the price of Bitcoin is $997 After January the price of Bitcoin growing continuously. Finally yesterday, the price of Bitcoin crosses $1700. They also set a record in CoinDesk of $1710.96 set all-time high.
The Blockchain product leader at ARK invest in New York, Chris Burniske stated that,
We have an influx of new capital in the space and that capital goes back and forth among crypto-assets and bitcoin. Bitcoin is still the main liquidity provider in the market and people use it to buy other crypto-assets.
According to the rumours, the price of Bitcoin is still growing continuously. The investor of Bitcoin becomes more confident for investment. The price increased 70% in the year and $200 in one week.
The CEO of Bitcoin Exchange The Rock Trading, Andrea Medri stated that,
I’m not worried about bitcoin … most likely we will see a correction, but the long-term trend has been and will be always up.
According to the Japan Regulators, Bitcoin would be considered as legal payment in the country. After some time Russia also said that the Bitcoin would cryptocurrencies in 2018.