Bitcoin has again set a record value reached $3500
Over the last 12 months bitcoin went up by 485%
However, on August 9 reserved bitcoin is cheaper, dropping to $3425, according to data from CoinDesk. Over the last 12 months bitcoin went up by 485%.
Rates of other digital currencies also continue to rise. The trading volume of ether (Ethereum) in the last 24 hours exceeded the transaction with bitcoin, the ether has risen 12.6%, to $306,5, according Coinmarketcap.com.
The cryptocurrency market as a whole in April grew by more than 4 times to almost $125 billion.
Mounting geopolitical tensions are expected to again spur demand for the cryptocurrency. Telegraph Agency of the DPRK (KCNA) reported that North Korea is considering a missile strike at US military bases on the island of GUAM. The US President Donald trump, in turn, warned Pyongyang that it could face “fire and fury” from the United States if it continues to threaten the country.
Goldman Sachs analysts estimate that the amount of so-called ICO (initial placement of tokens – financing through the sale of digital tokens associated with either the existing cryptocurrencies, or new means of payment) in 2017 exceeds the volume of venture capital in the initial stages of projects.
“It involves real money, and this sector should watch, especially in light of the fact that the world of ICO develops and attracts funds in the amount of excess infusion of investors and patrons (angel investing) and investing in startups at the embryonic stage (seed investing),” – noted the experts of Goldman Sachs, led by Robert of Borujerdi.
Goldman estimates the total volume of the ICO from the beginning of 2017, $1.25 billion the Largest offer in bitcoin and the broadcasts became host of the block chain Tezos $232 million and Bancor for $150 million.