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Bitcoin Price Surpasses $10 000

Bitcoin price has finally broke past $10 000 level

Why is it important

Firstly, it’s wow! Secondly, it’s a sort of psychological barrier for investors. Now Bitcoin has all chances to go as high as $12-13K. The daily transaction volume is now over $2 billion, and it’s not planning to stop growing.

What can we learn from it

  • Skyrocketing BTC price can be mostly attributed to crypto currency adoption by the traditional financial markets.
  • Another factor is a huge fear of missing out coming from the audience outside the typical crypto enthusiasts’ community.
  • Finally, Bitcoin adoption is not local anymore – it is growing worldwide.
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