Published on October 13th, 2017 | by bitcoin0
bitcoin races past $5000 to a all time high
The price of the controversial crytpo-currency soared by more than $500 on Thursday to over $5,380, bringing it to a new all-time high.
“Psychologically a lot of investors may feel like now is the time to pull the trigger,” he added.
“That might be one of the factors at play.”
Bitcoin has been one of the most divisive investments on and off Wall Street.
“There are rumors on the street for Amazon and Google are ready to accept bitcoin for their services,” he said.
He added that investors are spreading rumors that China may reverse its decision from last month and issue licenses for bitcoin exchanges.