The price of bitcoin has rallied at the beginning of April after suffering significant losses in March, as positive news in the cryptocurrency space has encouraged investors.
The volatile cryptocurrency’s value has shifted wildly ever since mid-December - when it hit a record high of more than $19,850 (£14,214) - with frequent heavy drops and speedy recoveries. Its price plummet back to earth in January and February, as governments and central banks around the world raised the spectre of future regulation.
Bitcoin’s value plummeted again shortly before Christmas, dropping by almost $2,000 (£1,449) in just an hour at one point, and almost slipping below the $11,000 mark (£7,970).
It then bounced back, before tumbling again in mid-January, recovering again, and plummeting at the start of February before levelling out for the rest of the month.
March saw bitcoin's price drop below $10,000, reaching a low of $6,500 before rebounding above $7,000.
And now, where is the bitcoin price going next?
Now we need to rely on bitcoin, because it is now at the same time and unstable, but at the same time rises well in price, so I believe this cryptocurrency, and you can invest in this coin.The volatile cryptocurrency’s value has shifted wildly ever since mid-December - when it hit a record high of more than $19,850 (£14,214) - with frequent heavy drops and speedy recoveries. Its price plummet back to earth in January and February, as governments and central banks around the world raised the spectre of future regulation.
Bitcoin’s value plummeted again shortly before Christmas, dropping by almost $2,000 (£1,449) in just an hour at one point, and almost slipping below the $11,000 mark (£7,970).
It then bounced back, before tumbling again in mid-January, recovering again, and plummeting at the start of February before levelling out for the rest of the month.
March saw bitcoin's price drop below $10,000, reaching a low of $6,500 before rebounding above $7,000.
And now, where is the bitcoin price going next?
