30 Nov '17, 3am

Experts Answer Question: “How Did Bitcoin Reach $10,000?”

Experts Answer Question: “How Did Bitcoin Reach $10,000?”

In January this year, $1,000 was the milestone Bitcoin owners were eager to reach. The digital currency hit that, overcame it and increased ten-fold to over $10,000 . This year has been filled with good news for digital currency, from another Asian market boom, to Bitcoin’s integration with the Square App , the launching of regulated futures markets and growing mainstream adoption . Despite being laughed off for years, Bitcoin is only just beginning to become a force to be reckoned with in the global economy . Cointelegraph had the opportunity to speak with several experts and ask them the question: “How did Bitcoin get to $10,000?” We have shared their responses below. Institutional money Hedge funds, pension funds, family offices and the like have shown extraordinary interest in Bitcoin this year. Such “institutions” control vast amounts of money. As an example, the UK-b...

Full article: https://cointelegraph.com/news/experts-answer-question-ho...

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cnbc.com 29 Nov '17, 1am

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bbc.co.uk 29 Nov '17, 1am

Image copyright Getty Images Image caption Bitcoin's value has fluctuated widely during its nine-year existence The value ...

Bitcoin crosses $10,000 milestone

bbc.co.uk 29 Nov '17, 1am

Image copyright Getty Images Image caption Bitcoin's value has fluctuated widely during its nine-year existence The value ...

The journey to $10,000 Bitcoin

The journey to $10,000 Bitcoin

thedomains.com 29 Nov '17, 7pm

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It happened. One bitcoin is now worth $10,000. The milestone was hit on international exchanges earlier in the day (where ...

One bitcoin is now worth $10,000

techcrunch.com 29 Nov '17, 2am

It happened. One bitcoin is now worth $10,000. The milestone was hit on international exchanges earlier in the day (where ...

Ladies and gentlemen, one bitcoin is now worth $10,000

Ladies and gentlemen, one bitcoin is now worth ...

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