Bitcoin gathered an increase of nearly 2% on Tuesday, reaching 6,751, after a week ago the value of the cryptocurrency was $ 6,384, based on the the charts of international profile markets. According to Bloomberg, billionaire Steven Cohen has invested in a venture capital fund based on cryptocurrencies and companies focused on blockchain technology, which has influenced the increase in Bitcoin's value.
The highest value ever recorded by this cryptocurrency was in the middle of December 2017, when it reached the threshold of 19,850 dollars (14,214 euros), then to suffer a steep decline to 11,000 dollars (7,970 euros).
Since then, the value of a Bitcoin has continued to decline, with small episodes of slight increases. In March, it reached $ 6,500, then rose to $ 9,818, and then dropped again.
Bitcoin, by its very nature, is a volatile cryptocurrency, whose evolution has also been influenced by a series of thefts - such as Google's ban on cryptocurrency ads for "misleading content".
The cryptocurrencies have had a startled year, with significant crashes of values. Currently, the battle has moved into the area of their acceptance by top financial companies, but also in the way of how they will be regulated and, implicitly, accepted by financial market participants. I believe that these are natural fluctuations as people are still afraid of adopting this technology. But, nevertheless their future is near and is just a matter of time when will see countries moving to this technology and basing their currency on blockchain technology. This is the way to the future and only those blind do not see it!