Bitcoin flies up. The Internet was flooded with crypto memes at the price of BTC

However, around 12:25 Central European Time, bitcoin according to a specialized website CoinDesk again it fell below $ 68,000 and traded for $ 67,726. Even so, today’s numbers broke the record in mid-October, when the price of bitcoin rose to $ 66,974.

The second largest cryptocurrency, ethereum, sold $ 4,815 at the same time, a 1.5 percent increase in 24 hours. Before that, it reached the current maximum of $ 4,839.92.

“We feel the market has changed,” said Matthew Dibb of Stack Funds, which manages cryptoactive assets. He pointed to increased demand from large investors and even pension funds. “People are now finding that having no position, not even a very small one, is probably not good for further development, so they buy cryptoactive assets at the current price,” he added.

Cryptocurrencies have been strengthening since last month, when the first ETF, which focuses on bitcoin futures, was launched in the United States.

“Cryptocurrencies are a place where fast money is made,” said Chris Weston, who leads research at Pepperstone Brokerage.

In April, bitcoin reached a value of almost $ 65,000. In June, it fell below $ 30,000 due to criticism of its energy intensity and China’s crackdown on cryptocurrencies. But then he began to recover.

The growth of bitcoin also attracted billionaire and Tesla boss Elon Musek

Over the years, Bitcoin fans have seen their dream ETF.  They are in danger of hitting reality

Source: E15.cz by www.e15.cz.

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