Yesterday, I posted the article Contrary to Many Predictors, BITCOIN May Reach $10,000.00 Before December Comes; Power Consumption in Mining Shows it is Not Energy Efficient claiming just that. It is apparently very possible due to the fact that it's only Monday and as exchange website shows, it is only $460 short to hit the 5-digit mark.
There is definitely an impact on the the market value of cryptocurrencies that surged up to $300B because of this unprecedented gain on BTC price, according to coindesk.com
Meanwhile, Zimbabwe Reserve Bank (RBZ) declares bitcoin as illegal and that the regulator will not allow bitcoin to circulate and be used in the country. RBZ warned the people not to get involved with bitcoin due to it high-volatility and risky characteristics. The government will not provide any support to anyone who gets involved with the first digital cryptocurrency.
Source.
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