amaizing news about bitcoin. The virtual currency "bitcoin" exceeded $ 5,000 for the first time in its history

The value of the highest level when it recorded a value of 5.103 $ in the early hours of Saturday, according to the index of the prices of the Pitcoin, "Queen's disc."

The record rise in total digitized currency transactions, including Ethrium and Pitcin Cash, the new version of bitcoin, helped more than $ 176 billion.

However, there was a strong demand for the sale of Bitcoin.

At the time of writing, the unit was stabilized at $ 4,485, down 12% from its highest level.

Sales Orders:-
At the beginning of the year, the value of the bitcoin was less than $ 1,000 per unit. Market watchers until recently in July feared a further collapse in value as a result of an "internal conflict among dealers" about their future.

But the value of the currency has since risen since actors involved in implementing a plan allowing digital currency technology to do more transactions every minute.

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In addition, the "file separation" process in the previous transaction log, known as the mass chain (a complex database on which the Bitcoin transactions depend), led to the emergence of the new virtual currency currency, without causing any currency disturbance.

But these events attracted the attention of the media, which played a role in the subsequent jump in the value of the bitcoin.

Despite the current drop of $ 5,000, Ethan Ganclitz, an expert on coded currencies at London-based law firm Sheridan's Legal Services, expects the value to continue rising in the medium term.

"We have seen similar declines in value in the past when the value of the currency has reached a certain figure," Ganclitz said. "This is often due to traders ordering stock exchanges to sell a currency when it reaches a certain value."

"It's human nature to take advantage of a figure (like $ 5000 as a value for a bitcoin)" to start selling the currency.

"But traditional investors are beginning to look at the fact that having a coded currency as a small part of their various portfolios is an acceptable way to take more risk," he said.

"Moreover, there are more companies that make it easier to buy Bitcoin at certain levels without having to understand how this technology works or how to secure it," he said.

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