Bitcoin, investments increase and index goes up
Forbes analyzes the trend of Bitcoin in the last two weeks. In mid-July the cryptocurrency set the minimum price of 6.000 dollars; however, day by day its index went up and last Friday it got over 7.400 dollars thanks to the increase of 10% in half an hour.
The author of the analisys explains the renewed delight around digital coins is linked to some recent events: the CFA Institute (worldwide American association including over 150.000 financial investment experts) decided to get Blockchain and cryptocurrencies knowledge in its program and several banks started investing in the FinTech sector.
The author concludes by writing: “I can’t recommend it yet, but there is a refreshed ‘buzz’ around crypto right now and that has always been a key precursor to further gains”.