Enable Remote Collaboration - FREE 30 DAYSOrder Work@Home Bundle
Enable Remote Collaboration - FREE 30 DAYSOrder Work@Home Bundle

Bitcoin New price high – Tops almost €10K

Bitcoin New price high – Tops almost €10K

Bitcoin New price high - Tops almost €10K

Yesterday, at 21:00 UTC, Bitcoin has hit an intraday high of $11,307.69, almost €10,000, making a 165 percent price rise, according to Coindesk’s Bitcoin Price Index.

That’s the highest level since March, 2018. This rise followed the announcement of Facebook’s cryptocurrency Libra last week.

As per “The TIE” announcement on Twitter “The Libra Coin announcement played a massive role in driving Bitcoin to $10,000. After Facebook’s official partner list for Libra Coin was revealed by @TheBlock__ on June 14th sentiment on Bitcoin almost immediately flipped positive leading significant upwards price movement”

“The price surge is due to two major factors, one is an increasing consensus among the investment community that bitcoin is a legitimate store of value for the digital age, and two Facebook’s Libra cryptocurrency launch has forced every CEO to take crypto seriously” said Jehan Chu, The co-founder of Kenetic Capital.

Related Articles

Recent Posts

Amsterdam Netherlands Data Center NETSHOP ISP
NetShop ISP Shortlisted in SBC Awards 2020
SiGMA Group Launches SiGMA Europe VIrtual Summit for iGaming

© Copyright 2004-2020 S.S. NETSHOP INTERNET SERVICES LTD trading as “NetShop ISP”. All rights reserved.

If you have found a spelling error, please notify us by selecting the text and pressing Ctrl+Enter.

Insights iGaming

Webinar Series

29 October 2020
15:00 CET


Forgot Password? Click here

Not a Client Yet?

Spelling error report

The following text will be sent to our editors: