Bitcoin leapt up the highest first time in last two weeks. Just a few days ago executive director of Bitcoin Foundation, Llews Claasen was predicting that Bitcoin would reach $40000 per coin at the end of this year.
Bitcoin price jumped
However, Bitcoin price jumped above $10,000. Moreover, the cryptocurrency rose 8%. In fact, during early afternoon trading New York time, on Coinbase the cryptocurrency price hit above $10,200. Coinbase happens to be the largest U.S. Platform dedicated to cryptocurrencies transaction.
top place on CoinDesk
Bitcoin also gained the top place on CoinDesk. After having a slump below $6,000 on last Tuesday, the cryptocurrency is now recovering.
In fact, other major cryptocurrencies, ethereum, litecoin, ripple, and bitcoin cash also took upward leap. Such increase in the price of cryptocurrencies shows that investors are becoming confident on the future of digital currency. Actually, according to experts, it happened as regulatory fears decreased.
On Thursday, in a Fundtrust Advisor report, Thomas Lee said, considering the historic performance of Bitcoin, the price will go higher by July.