Bitcoin prices rose sharply today, climbing past $7,000 and rising to their highest since June as strong momentum drove gains.
The digital currency's price hit $7,440.25 on the CoinDesk Bitcoin Price Index (BPI), up 11.7% gain from the daily low of $6,663.03.
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Bitcoin surge: multiple factors contributing to the rally?What factors make Bitcoin rise again? Will it continue to rise?
The only reason is the market trend. Many rich people in the world are intending to invest in Bitcoin. If I remember correctly, I read some news about the French billionaire buying over 1000 BTC over the past few days.