Published on May 25th, 2017 | by bitcoin0
Bitcoin Gains More than 150% in 2017, Soaring to record Above $2500
Blockchain is the technology behind bitcoin that many expect can have broader, transformative applications in industries such as financial services.
The latest move marks a more than $500 gain since Saturday, when the digital currency first topped $2,000.
That brings bitcoin’s 5-day gain to just over 40 percent and its gain for May so far to 88 percent.
Bitcoin 12-month performance
The scaling agreement is a significant step forward for proponents of the digital currency.
Fifty-six companies around the world and 83 percent of bitcoin miners supported the “Bitcoin Scaling Agreement,” according to the Digital Currency Group.