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The price of a bitcoin (BTC) reached a new record high of $ 19,783.06 last Sunday before falling below $ 19,500, according to Coindesk's price index.
At the moment, the price of bitcoin has increased by more than 5% in 24 hours, and has increased by 1,824% since January 1 of this year, when you could have only one Bitcoin for just under $ 1,000. .
The continued wave of Bitcoin tracks some positive news, including the expected activation of a bitcoin futures product from the CME Group.
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Other cryptocurrencies are following to a large extent the continuous increase in bitcoins, with Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) increasing between 3 and 7% in 24 hours.
Another noteworthy engine was Cardano's well-known currency, which exploded more than 90% in 24 hours. Cardano has been described as "Ethereum of Japan", incorporating the intelligent characteristics of the Ethereum contracts with a certain protection of privacy.
However, there is still widespread concern that the cryptocurrency market is in a weak bubble: 96% of economists interviewed by Wall Street magazine last week the bitcoin price increase is driven by speculation on the future potential of blockchain technology, which provides a secure transfer of Internet values. The functionality of Bitcoin, meanwhile, remains hampered by network congestion and technical conflicts within the developer community.
