Post
Topic
Board Bitcoin Discussion
Topic OP
Bitcoin Will Still Rally, Driven by Libra Demand and Monetary Policy Easing
by
putra goromo
on 27/06/2019, 11:37:04 UTC
Bitcoin prices are still interesting to observe. This crypto currency continued to be relied upon and had penetrated US $ 13,700. This is the highest level in the last 17 months. However, at this time bitcoin prices are trading again at around US $ 12,600, down shortly after the Coinbase crypto currency site reportedly crashed.
The value of this digital currency has risen by more than 60% this month, and more than 230% every year to date. Bitcoin euphoria, lower prestige, other digital currencies, such as ethereum, which became the second largest crypto currency after bitcoin. According to Coindesk data, the price of Ethereum only rose 150% so far this year.
The soaring price of bitcoin was also driven by Facebook launching its own crypto currency called Libra. Analysts are optimistic that Libra can help the market to get a better position in the community, as a means of payment and investment.