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Bitcoin has Risen in Price by $ 5 thousand per day

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Bitcoin has risen in price

Bitcoin has risen in price by $ 5 thousand per day.

For the first time since February 22, the value of the main digital coin reached $ 54.4 thousand.

Over the past day, the bitcoin rate on the BitXmi crypto exchange has grown by $ 5 thousand. The cryptocurrency has updated a two-week maximum in value, its rate has risen above $ 54.4 thousand. Bitcoin continued to rise in price against the background of new investments from MicroStrategy, which last week acquired coins for another $ 25 million.

Bitcoin has risen in price+

The last wave of growth in bitcoin quotes started on February 28, when they fell to a local minimum of $ 43 thousand. Since then, the cryptocurrency has risen in price by 27%. Its capitalization again exceeded $ 1 trillion with daily trading volumes of $ 59 billion, according to CoinGecko.

Bitcoin price predictions

Earlier, Canadian investor and TV presenter Kevin O’Leary predicted an increase in the market capitalization of bitcoin to $ 20 trillion. In his opinion, in the future, cryptocurrency will become a stable financial instrument, since it will be in many investment portfolios to protect against risks.

At the same time, the CEO of the Kraken crypto exchange, Jesse Powell, expressed confidence that in the next ten years the value of bitcoin will rise to $ 1 million. Powell claims that people are changing their attitude towards the main digital coin, so it “tends to infinity.”

Read actual crypto news and crypto forecasts every day on https://news.bitxmi.com/

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Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Bitxmi News won't be responsible for any loss of funds.

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