Published on July 20th, 2018 | by bitcoin0
Bitcoin price monitoring: $ 7,400 for currency
Bitcoin’s price seemingly jumped out of nowhere and within hours.
In addition, top financial management firm BlackRock expressed interest in blockchain technology, which may have potentially given bitcoin the price boost it needed.
But even if bitcoin stays right where it is for a while, Barry Silbert – chief executive officer of the Digital Currency Group – believes the worst is over, and bitcoin isn’t likely to incur any drops in the immediate future.
Speaking at the Delivering Alpha Conference in New York recently, Silbert explained of bitcoin:
“This is a new infrastructure layer of the internet.
The good news, however, is that bitcoin is not alone in its recent spikes, and has seemingly taken all top 100 cryptocurrencies along with it.