The highest level since February: Bitcoin market price soars over $ 10,000

the price of The crypto currency Bitcoin rose on Tuesday on $ 10,000. In the morning the price rose on the trading platform Bitstamp on 10.129 dollars. With 10.

The highest level since February: Bitcoin market price soars over $ 10,000

the price of The crypto currency Bitcoin rose on Tuesday on $ 10,000. In the morning the price rose on the trading platform Bitstamp on 10.129 dollars. With 10.378 dollars he had reached earlier at the highest level since February. In the night, he had still been significantly lower.

Many investors, the Bitcoin"Halving" with more falling prices expected, wrote Analyst Timo Emden from Emden Reserarch. Some investors would be to buy now, forced. The last of the "Halving" was held in mid-may.

The "Halving", which is enshrined in the code of the crypto-currency, is a kind of automatic protection against loss of value due to high supply. For approximately every four years, a halving of the reward in the Form of new Bitcoins for Performing a certain computational process ("Mining").

Bitcoin, in dollars, BTC/USD -- -- (--) Forex vwd 1T 1W 3M 1J 3J 5J For detail view

"The Anti-racism protests in the United States would allow American investors in addition to crypto-currencies to Dodge," said Emden. The American President Donald Trump has threatened with a military intervention. In several American cities, came in the seventh night in a row protests, which degenerated part in violence. The development could weigh on the economy in the United States, in addition to the Corona-crisis.

Date Of Update: 12 June 2020, 11:21