{"id":11828,"date":"2019-06-17T09:30:02","date_gmt":"2019-06-17T08:30:02","guid":{"rendered":"https:\/\/dont.wasteyourtime.co\/?p=11828"},"modified":"2019-06-23T08:22:10","modified_gmt":"2019-06-23T07:22:10","slug":"bitcoin-rose-and-hit-one-year-high","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2019\/06\/bitcoin-rose-and-hit-one-year-high\/","title":{"rendered":"Bitcoin rose and hit One-Year High"},"content":{"rendered":"\n

2 min read<\/em><\/p>\n\n\n\n

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Bitcoin rose and hit over $9,000.  This is its highest<\/a> since May 2018. <\/p>\n\n\n\n

This new high is perhaps caused by Facebook’s reveals<\/a> to launch its crypto. Such an event added more optimism and confidence about the future of cryptocurrencies in general because it showed that digital money is going to be adopted by big companies.<\/p>\n\n\n\n

The biggest cryptocurrency climbed as much as 9.4%. Other crypto coins also rose: Litecoin for 4.4% and Ethereum for 4%.<\/p>\n\n\n\n

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Cryptocurrencies price chart<\/figcaption><\/figure>\n\n\n\n

Let’s stay with Bitcoin.<\/p>\n\n\n\n

Bitcoin rose more than 130% in 2019  and has almost doubled in value. How did it happen?<\/p>\n\n\n\n

The big companies like Facebook expanded or revealed that have plans, to their offering of cryptocurrency services. <\/p>\n\n\n\n

It seems that Facebook’s plan to launch a digital currency is pushing people toward Bitcoin.<\/p>\n\n\n\n

June 18th is tomorrow ( the date that Facebook planned to reveal more details about new digital asset) and we will have full public information. Previously, Facebook announced the plan to release a white paper for \u201cLibra\u201d or \u201cGlobalcoin\u201d. This should be on June 18th as they said.<\/p>\n\n\n\n

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