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 […]