Bitcoin Price Broke the Record of the Last Few Months

Bitcoin Price Broke the Record of the Last Few Months
Bitcoin Price Broke the Record of the Last Few Months

Bitcoin price experienced a new record on Monday, May 27th. In yesterday trades, the price of Bitcoin reached more than $8900 which is considered a new record for its price during the last year. Besides Bitcoin, the value of most of the main cryptocurrencies of exchanges market has faced a dramatic increase. Ethereum, the other popular cryptocurrency has experienced a 20-percent price in just a few hours. The other cryptocurrencies such as Dash, too, experienced a 10-percent value increase in trades.
Of course, at the end of the day, the Bitcoin price decreased to $200 and it was traded to $8700. Almost all activists in the market of cryptocurrencies predict a hot market for Bitcoin and cryptocurrencies this week. Some analytical sources predict that through increasing Bitcoin exchange level up to $130 million, Bitcoin price will probably experience exponential price; however, some other analytical sources such as Coindesk believe that in case of dropping Bitcoin price to $8000, it might stop soaring. We should wait and see how will the new week of cryptocurrencies’ trades finish with this squally start. 
 

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