Bitcoin was up 11 percent going into Friday to hit its highest price since mid-December: a currency was worth $ 16,920, according to cross-data from stock exchanges.
The exchanges tracked by Coinmarketcap registered a maximum average trading price of just under $ 17,000 the previous Friday, before a slight correction caused Bitcoin to return to $ 16,000. The performance is encouraging for homeowners who have experienced a decline in their profits as alternative currency markets continue to rise. The trend marks a pause after several weeks of bearish action for BTC, which was not corrected immediately after falling from $ 20,000 to around $ 13,000 last month.
In social networks, casual operators were considering Bitcoin's investment would continue, noting its impact on alternative currency markets. The optimism of known figures meanwhile has remained firm, despite the new interest in Ripple by investors and the mainstream and the continuation of the advertising maneuvers of the Bitcoin Cash proponents.
An alleged compromise on Thursday caused the Twitter account @Bitcoin to begin publishing pro-Bitcoin Cash content, listing a graph of the main proponent Roger Ver comparing the perceived benefits of alternative currencies and Bitcoin.
In marking the event, online media commentator WhalePanda also congratulated a theory circulating in Reddit about current price movements in the Bitcoin and alternative currency markets.
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