Expert explains theories behind Bitcoin surge...
Bitcoin prices reaches reached £7,529.77 ($10,009) on the CEX trading platform earlier today, before slightly dipping in value.
Since the start of the year, the cryptocurrency has achieved the incredible feat of increasing more than 1,000 per cent in value.
But despite the incredible growth, economists are still apprehensive of the tokens inherent volatility and signs it could be a price bubble.
Just two weeks ago, bitcoin investors took a hit when the tokens prices plummeted over 20 per cent before bouncing back.
Fomo and because of new people got to recognize the btc that if they miss the train will never catch up. Newbie as well not know that when investing in bitcoin they must not see the price of $ instead see how many btc amount they are getting when they investing in bitcoin. Another fomo of bitcoin future news increasing hyip. I am still strongly believe it will drop to 9000$ to 8200$.