The course of the Bitcoin -Cryptocurrency increased to the highest level for approximately two months on Thursday. Speculations about a possible admission to a trading platform of the American bank Morgan Stanley gave the cryptocurrency.
In the early afternoon the Bitcoin cost around $ 2000 more than the previous day at the Bitstamp 96,300 Dollar Trade Platform. Sometimes the course rose to $ 96,400 and therefore the highest level since February.
On the market, the price increase was declared with a report on a plan from the American bank Morgan Stanley to enable trade in an electronic trading platform of the Geldhuis. Morgan Stanley would work on a corresponding plan, reported the Bloomberg press agency and referred to informed circles. This would make it easier for private customers to start the investment class.
Record high at $ 109,000
The Bitcoin approached the record high from January. With the start of the term of office of US President Donald Trump, the hope for further deregulation of the trade in cryptocurrencies had the Bitcoin course temporarily up to $ 109,000 and therefore more than ever driven.
Finally, a generally friendly atmosphere in the financial markets has supported the relatively risky cryptocurrencies. “Although institutional addresses have been positioned for a long time and their positions are allowed to build up successively, private investors in particular come up with the idea of making assignments,” said Analyst Timo Emden Research.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
