Quote from: redtrus55 on July 27, 2018, 05:15:23 AM

The value of a piece of Bitcoin is startling again. Yesterday, Monday (7/23/2018) Bitcoin value is still valued US $ 7,700. Today, the value of Bitcoin jumps back up to US $ 8,000.

Peeping Coinbase data, Tuesday (7/24/2018), Bitcoin value is at US $ 8,021 or up about US $ 300. This is the highest price of Bitcoin in the last two months. Bitcoin price decrease trend occurs on May 24, 2018. On June 24, 2018, Bitcoin touch the lowest price of US $ 5,789 / BTC.

Do you think this increase is caused by BlackRock ?, because the global investment company is studying to use cryptocurrency and Blockchain technology.

$350 increase in 24 hours is not a surprising move even coming from a long time bearish trend. If there's a sudden price surge that will happened again, you can even see $500 increase in just few hours or even more surprising to that like the action happened last year.

Anyways, for what is the cause, there are some numbers of events where anyone can considered it why the price rose. What those events? Kindly search for it on your favorite search engine for more info as discussing it here might required long statements.