blockchain bitcoin money

The value of bitcoin has been notoriously volatile over the course of the past year, but this last month has been a special.


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With a huge amount of mainstream attention being paid to the currency, the price of bitcoin managed to shoot right past the $11,800 mark reaching a new high level before shooting back down where it managed to stabilize.

The current value at the time this article was written is around $11,323 according to the popular exchange known as Coinbase. The value of the currency is up over 15% over the past week and is up as much as 50% from last month. For the year, the currency has managed to shoot up a remarkable 1,390% thus far, and does not look like it will be slowing down anytime soon.


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The currency is extremely volatile, which means that the price fluctuates by an extremely large amount, and most do not see this level of volatility slowing down anytime soon. The incredible rise that bitcoin has seen has not been met without criticism, but more and more people are choosing to invest than ever before. The could of course, be due to the fact that so much attention has been paid to bitcoin in the past few weeks, a level that has never been seen by the currency.


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With this high level of interest, comes more shock than ever that the market may soon be popping as many fear it is a bubble. Numerous financial experts have stated that investors should be wary to get involved into the currency at this time, as the bubble has a high amount of potential to pop. Only time will tell what happens to the state of cryptocurrency, and where it heads as the end of the year comes and goes.

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