Bitcoin reaches $9,400~
In the last 24 hours, Bitcoin has seen a surge in price up to over $9,000USD. Topping out at $9,385.85.
The next major milestone will be breaking through that $9,400 and onto the biggie - $10,000USD.
It is suspected that the recent change is due to Asia-based investors looking for other options regarding where to store funds following the recent outbreak of the Coronavirus (2019-nCoV), which ties in pretty well with our insight into Gold vs Bitcoin from yesterday's blog post!
It could also have something to do with the recent spate of celebrity endorsements. These seem to be coming in thick and fast in recent times, with big names like Hugh Laurie, Bill Gates and Snoop Dogg getting involved in the Bitcoin game.
How did you first learn about Bitcoin or any other CryptoCurrency? Maybe it was indeed a celebrity endorsement that persuaded you, or perhaps something else? Let us know!