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Bitcoin reaches $8000 and $8100

19 November 2017 21:00, UTC

Bitcoin, the most popular digital currency of the world, has had a few milestones this weekend. At the end of the last week’s Friday, it was already clear it is going to reach $8000 per unit or per one coin, unless something unexpected happens.

No such event occurred, and thus Bitcoin not only has managed to regain its grounds after the drop connected with that SegWit2x situation (see more in our detailed report on the theme), it also reached a new all-time high of $8100 again on Coinmarketcap, which means it was an average price on cryptocurrency exchanges. Previously, Bitcoin demonstrated the possibility of reaching $8000 on Bitfinex during the last Friday. At the press time, its price is $8031.77. Goldman Sachs was right about the next consolidation price, it seems.

As the price grows, the bubble comparisons resurface once again, and this stereotype is not showing any signs of weakening. However, as one of investors noted, maybe Bitcoin is a bubble after all, but this does not mean one can’t get profits from it. And the high-ranking officials from the Russian government, quite correctly, pointed out that with Bitcoin’s volatility and decentralization, one plays at his own risk.