For the fourth day, Bitcoin’s growth figures are going up. At the beginning of Wednesday (29.01.2020), Bitcoin reached the value of $9400 for the first time in three months.
Many attribute this growth of the first cryptocurrency to the Chinese virus, the depreciation of the Chinese yuan against the dollar, and the strengthening of gold, which is not the first time Bitcoin has strengthened as well.
Many analysts are convinced that Bitcoin today is not as risky an asset as it was previously thought, and although its indicators are already very optimistic, the phase of aggressive growth is yet to come.
As the rise in the cryptocurrency value is accompanied by the growth of trading volumes – this will be another factor that strengthens the currency.
We follow what is happening in the market and hasten to remind you that on our service you as always can quickly both buy and sell Bitcoin at a favorable rate.