The Bitcoin has increased further to the record high. In the night of Tuesday, the course of the oldest and most famous cryptocurrency on the Bitstamp trade platform rose to $ 110,587 (96,921 euros).
It was near the previous record high, which was reached at $ 112,000 on 22 May. Finally the course has fallen a bit again, for $ 109,300.
In the course of the Whitsun weekend, the course of the Bitcoin has increased by more than $ 4,000. Reference has been made to an investor on the market that Bitcoins bought with more than $ 110 million in the previous trade days. As the Bloomberg News Agency reports, it is the investor Michael Saylor.
Hope for the United States with China
Risky facilities such as Bitcoin were also supported by speculating the success of trade discussions between the US and China in London. According to the Chinese state media, representatives of the two largest economies in the world continue to negotiate during the day to end their trade conflict. This stems from a social media post of the Chinese State -TV.
Interim results of the conversations were initially not officially known. US President Donald Trump said in Washington that the United States could get along well with China. “I only get good reports,” he continued.
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.
