On Thursday, May 30, the price of Bitcoin updated the annual maximum, breaking through the $ 9000 mark. This is evidenced by data CoinMarketCap.
At about 18:40 Moscow time, the cryptocurrency made a sharp jump and by 19:09 it reached the level of $ 9005. Then within 20 minutes the price was also sharply corrected and BTC rolled back to $ 8,717 (approximately at this level the cryptocurrency was before it made the jump).
As of Friday morning, May 31, the weighted average rate of Bitcoin dropped to $ 8,200.
According to experts, one of the reasons for such a rapid growth of BTC could be reports of the upcoming launch of margin trading at Binance, the largest crypto trading company .
In general, market forecasts are different, mostly positive for the BTC rate, admittedly Bitcoin (BTC) is the most effective asset in 2019. Since early May, its price has increased by 65.5%.
Publication date 05/31/2019
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