empty
 
 

2017.05.2301:26:00UTC+00Bitcoin Continues Winning Streak on Surging Demand

Bitcoin continues its rise on the ongoing convention on virtual currencies in New York and an increase in weekend interest from Asian investors.

Consensus, a digital currency conference hosted by CoinDesk.com, is anticipated to draw over 2,000 attendees to New York. Also, two other gatherings on cryptocurrencies are being held in the state this month.

Data showed bitcoin prices shortly jumped over 11%, surging past $2,100 and $2,200 to touch its all-time peak of $2,289.21. It last traded close to $2,236, almost doubling its value for May.

The total bitcoin trade volume in US dollars accounted for over 32% in bitcoin trading, up from 26% last week. Trade volume in the yuan and the yen moderated to 16.95% and 34.2%, respectively.

As of writing, bitcoin's market value increased to more than $37 billion as several billion in the greenback have flowed into the digital currency last week.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback