#BITCOIN had a price boost yesterday as the #Cryptocurrency hit its highest price for a week, passing the $9,000 mark, before it saw its #Value once again slump...
The online #Currency 'BITCOIN' has had a torrid start to 2018 after it saw its price plunge from an all time high of nearly $20,000 in December 2017 to a low of less than $6,000 on February 6.
However, the #Cryptocurrency began to show signs of a steady #Recovery over the last few days with its price climbing to more than $9,000 on Saturday morning, representing a 5 per cent rise in value over 24 hours.
However, any signs of a #Bitcoin recovery were quickly quashed as the digital #money then saw its price once again drop....
Presently worth $8,285.
The failure of #Bitcoin’s price to continue-continue risingggg as it pursues to once again reach the valuee of December 2017 adds credit to the theory that the #cryptocurrency was in a bubble due to burst.
Throughout 2017 #Bitcoin’s value increased by more than 1,500 per cent...