Bitcoin grows 30% in a few hours
Bitcoin up 30% in a few hours
This night, the first cryptocurrency exchange
rate showed the most significant growth in
the last few years – bitcoin grew by 30% and
for some time even exceeded $ 10,000.
As one of the commentators on the social network
Twitter noted, this growth was the fourth
largest for the entire existence of the first
cryptocurrency – Bitcoin has not grown at
such a pace since 2011.
Analysts attribute this to the fact that recently
Chairman of the People’s Republic of China
Xi Jinping called blockchain “a very important
technology” and called for using it for
transformations in industry and finance, as
well as in other industries.
“We must accept blockchain as an important
breakthrough in state-independent technologies,”
In addition, a significant increase in trade
volume was also recorded on the platform for
institutional investors Bakkt – over the past
24 hours it amounted to more than 1,000 contracts.
Fundstrat founder Tom Lee recently stated
that the actual number of Bitcoin users does
not exceed 500,000, and in his opinion, this
is not enough for institutional investors
to enter the industry.