Bitcoin on 18-month high as Facebook’s Libra sparks fresh interest in cryptocurrency

Published: June 26, 2019 | by Web Master

Bitcoin reached to an 18-month high on Wednesday, as a result of restless investors looking for safety in alternative investments and expectations from Facebook’s Libra which could turn cryptocurrencies mainstream, a surge analyst said.

After a distressing 2018, it seems investors are back into market for digital currencies. The world’s biggest cryptocurrency is now up 240% since the start of the year, although still lower than its all-time high of nearly $20,000. It has swollen in value since April and was trading close to $13,000 on Wednesday.

Bitcoin has shown rise for eight consecutive days. Facebook has also announced launch of […]

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