Bitcoin at its Highest for Four Months

Finance
Bitcoin at its highest in four months

CURRENCY: The price of Bitcoin peaked in December 2017

Bitcoin is still moving (BTC). While the cryptocurrency had been trading for some months around 3200 to 3500 euros for 1 BTC, its course experienced a spectacular surge on Tuesday with a peak to 4388 euros, a level that had not been reached since November 2018.

For Fawad Razaqzada, analyst at Forex.com quoted by Boursorama , it is however necessary to wait for the next few days “to determine if this is a breakthrough or a new false hope for advocates of cryptomonnaies”.

Record in 2017

In 2013, bitcoin, which was virtually worthless initially, exceeds $ 1,000 and begins to attract the attention of financial institutions. But months later, it faces its worst crisis with piracy of MtGox platform led by Mark Karpelès where exchanged up to 80% of bitcoins in circulation.

The price collapses and it will be necessary to wait more than three years before it is again hits the 1,000 dollars. In 2017, there is a flamblée: bitcoin reached the 19,511 dollars (17,400 euros) December 18, its best ever, according to figures compiled by the Bloomberg financial agency.

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