In early February, the first cryptocurrency was trading at $ 3,400, in mid-May its price rose to a record $ 8,250. The market share of the coin exceeded 60%, the last time it was as high in December 2017.
The average market rate of Bitcoin has risen by 138% since February 6. The first cryptocurrency went up from $ 3,400 to the 2019 record of $ 8,250, after which its price rolled back. On the afternoon of May 14, the coin is trading at $ 8050, now its share in the digital money market is 60%, the last time it was at this mark in December 2017.
Cryptocurrencies began to rise sharply in early April. Now the blockchain industry capitalization reaches $ 238 billion, at the end of winter it was $ 111 billion. During this time, an increase of 114%.
Analysts believe in the further growth of digital money, according to trader Peter McCormack, in July Bitcoin could rise in price to $ 33,000. Other experts give more restrained, but no less optimistic forecasts.