Bitcoin rose by 7%, setting a new record during a month

According to citicoins.com, bitcoin price has risen by 20% in a past week, which means bitcoin is stepping out of the worst quarter. In the past three months, bitcoin declined by 48%.  

The copartner of Blockchain Capital, Spencer Bogart claimed that in the situation of underselling caused by macroeconomics, bitcoin is an attractive choice for investment. He said, “Bitcoin is not related to the traditional capital. Bitcoin price declined over 50% compared with the highest price. In other word, the space of increasing is obvious.”

The CEO of BitBull Capital, Joe DiPasquale mentioned that Goldman Sachs began its employment about cryptocurrency. It is reported that one fifth of companies is considering to participate in the digital currency trading, which symbolizes the converting of cryptocurrency investor’s emotion and promotes the rise of cryptocurrency.

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