The incredible rise of bitcoin: why expensive cryptocurrency

Невероятный взлет биткоина: почему дорожают криптовалюты

The bitcoin exchange rate on 8 may 2019 Wednesday, almost reached the level of 6 thousand

Capitalization of cryptocurrency market rose during the day nearly 8 billion is 188,339 billion. Capitalization of bitcoin is 104,993 billion plus 4 billion a day.

Tuesday 7 may, as of 19:00, the exchange rate of bitcoin to the dollar is 5931 USD. Bitcoin has risen to $ 300 per day.

Невероятный взлет биткоина: почему дорожают криптовалюты

The bitcoin exchange rate on 8 may 2019

The exchange rate of cryptocurrencies has changed the trend of rapid growth. Up dragged all altcoins Ethereum, which has been actively up on the background of rumors about the imminent launch of regulated futures. Trade Commission commodity futures U.S. (CFTC) do not mind to give his permission to run this tool. The Ethereum took off for the day by 10.8% to $ 177,1, the capitalization of 18.9 billion dollars.

XRP per day rose by 3.27% to 0,306 dollar, the market capitalization of bitcoin has made 12.9 billion dollars. Litecoin price increased by 6.67%.

Невероятный взлет биткоина: почему дорожают криптовалюты

The bitcoin exchange rate on 8 may 2019

Earlier, we wrote about the fact that bitcoin will be the main financial instrument in the next 10 years, as digital assets are rapidly gaining popularity. The principles of operation of cryptocurrency reduces the time of transactions and the cost of money transfers, represent a significant threat to PayPal. However, one of the members of the Board of the largest traditional payment platform PayPal, the founder and CEO of cryptocurrency vault Xapo Wences Casares believes that “irresponsible” not to have in an investment portfolio of at least 1% of the funds denominated in bitcoin. Casares assumes that the value of BTC in the near future will increase 250 times.

A well-known businessman Casares has repeatedly spoken out in favor of bitcoin and encouraged to invest in the main cryptocurrency. Among the proofs of the attraction of bitcoin Casares leads primarily to the ever-increasing popularity and growing the volume of new investment in bitcoin. He also drew attention to such important payment systems indicator as the constant growth of transaction volume does not stop even in a bear market.

We will remind, “the Failure or prosperity”: it became known that waiting for bitcoin in 10 years.

As reported Politeka, trade bitcoins at risk, made a quick decision.

Also Politeka wrote that bitcoin can disappear from the market in 5 years: abysmal weather.