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Saturday, 18 August 11:39 (GMT -05:00)



Foreign exchange market

Bitcoin Exchange Rate Goes Up Rapidly, Over $9600 Already


Over the last few days, the Bitcoin exchange rate has been going up continuously. On Thursday, the rate conquered two strong levels of resistance at 9300 and 9400 dollars respectively. On Friday morning, the rate changed to 9600 dollars and continued its way up to new local highs.
 
All in all, Bitcoin has appreciated by more than 4% over the last 24 hours. Its market cap is well over 163 billion dollars at this point, which is over 36% of the total cryptocurrency market cap. CoinDesk experts say that in a couple of days the BTC exchange rate may well exceed 10000 USD/BTC for the first time in several months.
 

At the same time, experts say that it was Goldman Sachs who helped Bitcoin grow in value. The thing is that one of the world’s biggest investment banks announced the launch of Bitcoin futures, which was confirmed by New York Times. The futures will become available for trading in a few weeks.
 

 

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