Bitcoin reaches all time high price

As expected, despite of restrictions in few countries, Bitcoin has surged to its highest per coin value. The coin stands at US$4847.01 (as of writing this article) per coin which is the highest of all time. Per week basis, the price is up 10 percent, while on a monthly basis, the cryptocurrency has seen 12 percent rise.

The Chinese ICO’s ban, Russia’s restrictive actions highly likely on cards did not effect the currency value. It was only a month ago, the currency dropped to as low as $2,980 but quickly picked up and climbed to the all time highest price ever.

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Bitcoin is all set to go higher, it seems like it is well on its way to this prediction – Bitcoin could go to $250,000 by the year 2020. It is also forecasted that the currency may see a minor wobble before achieving new heights again just as happened a month back. Although price per coin is short of $5k, Bitcoin is highly likely to go over $5k in coming days.

Is that the time to invest on this currency?


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Written by Hisham Sarwar

That is all you ever need to know about me but let me warn you, freelancing for me is a journey, certainly not a destination :)