After its harsh losses in recent months, the Bitcoin gains value again. Today he cracked the $ 7,500 mark.
Frankfurt Evidence of a growing interest of established companies in digital currencies has given Bitcoin a strong boost. On Wednesday, the price of the most famous cryptocurrency climbed above $ 7,500. Already the previous evening he had jumped around $ 700. Other digital currencies, such as ether or ripple, also gained significantly in value.
Since the beginning of May, Bitcoin has been steadily losing value. From prices just under $ 10,000, the value had slipped to below $ 6,000 in June. From the record high of about $ 20,000 reached in December 2017, the price remains far removed even after the current recovery.
What exactly triggered the increase is unclear. Among other things, the news that Blackrock, the largest asset manager in the world, wants to set up a working group on the subject of digital currencies and the associated blockchain technology. However, Blackrock boss Larry Fink kept the ball flat. "I have not heard of a single customer who says: I have to get in there," he told US television Bloomberg-TV.
Meanwhile, the Coinbase trading platform has been cleared by the US authorities for acquisitions that will enable the company to offer US-based trading in crypto products (ICOs) that are similar to securities. They took another step in the right direction, but have many more ahead, Coinbase said.
Some traders also argue that this week's official change of leadership at US investment bank Goldman Sachs is causing optimism because future boss David Solomon has been open to cryptocurrency issues.