Rising by 3% in five minutes, bitcoin price soars again

Last week, bitcoin price achieved the highest level since March, and the price of btc to usd changed from $6786 to $8000. People analysis that it may because the withdrawal of short position. Btc price broke through $8000 again this time. Analysts have predicted that bitcoin value would surge after the tax day in America. Tax day is the deadline of submitting the income tax form, which was required by federal government. The bitcoin expert, Jack Tatar thought the price of cryptocurrency would recover, but not rise immediately.

Compared with $14000 in January, btc price declined by 45% this year, which is a sharp contrast to the rise in last year. US Internal Revenue Service considers bitcoin and other cryptocurrencies as capital, which means the trade of digital currency in last year should turn over $25 billion as the tax.

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Iran intends to fight against the American sanction through Bitcoin

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