The cost of the main digital coin has updated a maximum of 2019, and the market capitalization has reached a record $ 185 billion.
The average market price of Bitcoin increased by 2.3% over the past day, now the first cryptocurrency is trading at $ 5266. Today, the coin has updated the annual maximum, as well as the course Ethereum, which only over the past day has grown by 7.4%. Altcoin costs $ 181. The total capitalization of the digital money market has risen to $ 185 billion, after which it has decreased, now it is $ 183 billion.
On the night of April 8, there was a surge in activity of Chinese investors on over-the-counter platforms. This is evidenced by the fact that users from China are actively buying USDT token from the company Tether at an inflated price, according to Twitter-account cnLedger.
“Why is the price of USDT rising? After the ban of the People’s Bank of China, the most convenient way to buy cryptocurrency in the country is to buy a steyblecoin, such as USDT on an over-the-counter platform, and then exchange them for any cryptocurrency on the stock exchange,” the experts explained.
Earlier, analyst Josh Reider said that the cost of Bitcoin will begin to rise sharply in mid-July. It is based on a comparison of the dynamics of the cryptocurrency rate in 2015 and 2019. In early April, the trader made a long-term forecast, according to which, by 2023, the coin rate will rise to $ 150,000.
A few days ago, there was a correction of the coin from $ 5040 to $ 4837, at this time the load in the Bitcoin Mempool dropped sharply. According to EX Pi analysts, this is quite likely an indication that the asset is being manipulated.