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Bitcoin is breaking 2100$

Bitcoin Is Breaking 2100$

Coinmarketcap gives information that on the 21st of May Bitcoin was above 2100$, and reached the peak of 2142,15$. The marketcap of Bitcoin reached 25 billion US dollars. 

Adam Davis from Altus Consulting said in CNBC interview, that bitcoin may reach 3000$ by the end of 2017. The experts think of three reasons which help the cryptocurrency growth: 

Global Demand

While there is a geopolitical instability, the Investors are looking for a safe heaven. Political crisis in Brazil and public disasters in USA caused the USD fall, and investors switched to cryptocurrencies as more safe instrument.



This post first appeared on Trading Blogs And Financial Markets Analysis, please read the originial post: here

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Bitcoin is breaking 2100$

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