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Investors snatch back to Bitcoin

Of course, the oldest and most important Cyber-currency rose on Monday by up to 14.1 percent, to an Eight-month High of 7175,83 dollars. From a record high of 20'000 dollars, reached the end of 2017, the Bitcoin .

At the weekend, the cryptocurrency had skipped for the first time in a good three-quarters of a year, the 7500 market. "The growing interest of institutional asset managers, is fuelling new hopes," said Analyst Timo Emden from Emden Research.

"in addition To the hard-nosed investors, what Bitcoin have kept more or less alive, more and more short-to medium-term investors." In addition, those investors who had bet on a further decline of Bitcoin would have to resolve the appropriate bets. Other crypto-currency such as Ether or Litecoin are currently benefiting from the stronger demand for Bitcoin.

experts say this is due to media reports about a greater interest by institutional investors. Accordingly, the major wants to offer American asset managers Fidelity to its professional customers, the trade with Bitcoin. Fidelity is one of the largest asset managers in the world.

On the other hand, the reputation of Bitcoin and co. will be busy again and again by reports of cyber attacks on trading platforms. Last week, the big Asian platform Binance has admitted a theft of 7000 Bitcoin, with a market value, currently about $ 40 million. (nag/sda)

Created: 13.05.2019, 10:16 PM

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