On 22nd June 2019 bitcoin has hit the new high of $11000. This is highest amount bitcoin has traded in last 15 months. $10000 is kind go psychological barrier and its broken now!
The bounce back of Bitcoin has been fairly extraordinary,” said George McDonaugh, chief executive and co-founder of London-based blockchain and cryptocurrency investment firm KR1 Plc. “Money didn’t leave the asset behind, it just sat on the sidelines waiting to get back in.”
In contrast with last year, there are now signs of renewed mainstream interest in cryptocurrencies and the underlying blockchain technology, most prominently Facebook Inc.’s Libra. The social-media giant is working with a broad group of partners from Visa Inc. to Uber Technologies Inc. to develop the system, which has already attracted attention and criticism from politicians raising privacy and security concerns.
What do you think is the next? Is bitcoin going to hit $20000 soon? Let us know your thoughts in the comment.