The fear some had about the Bitcoin bubble bursting seem to be non-existent at the moment as the world’s number one cryptocurrency surged passed the $12,000 mark for the first time yesterday as it now gets ready to be traded on mainstream markets.
According to the Bloomberg News the popular cryptocurrency reached a high of $12,590 whilst being traded in Asia before subsiding slightly finishing the day’s trading at $12,567.
Bitcoin started the year trading at $752 per coin back in January and has rocketed in both popularity and price throughout the year and is now being used to buy all sorts of commodities and services from Pizzas to sports cars.
Experts are attributing the latest rise in price to an increased interest from those in Wall Street as the currency prepares to be traded on mainstream markets for the first time.
Content: Love Pattaya Thailand