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Bitcoin Triples Since Start of Year to Almost $3,000

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A twenty five bitcoin
  • Bitcoin Triples Since Start of Year to Almost $3,000

Bitcoin gained as much as 5.8 percent to a record high of $2,999.98.

The cryptocurrency has tripled its value since the beginning of the year amid greater acceptance of the blockchain technology in China that underpins the exchange method, political uncertainty and increased interest in Asia.

However, experts have said this continuous surge maybe bubble in the making as the cryptocurrency has repeatedly key resistance level without solid fundamental or showing signs of slowing down.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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