Economic news

Bitcoin continues to rise, soaring near $400 in an hour

Bitcoin extended its gain on Friday, soaring almost $400 in an hour, as the world's most popular cryptocurrency is on track for a weekly rise of over 20%.

The price of digital currency advanced 2.1% to $8,083.27, its highest level in recent weeks.

Among other cryptocurrencies: Ether inched up 3.2% to $507.97, Bitcoin cash rose near 3% to $754.06, Litecoin was 3% higher at $754.06 and Ripple’s XRP edged up 0.4% to 63 cents, according to CoinDesk.

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  • avatar-6228
    George Jk
    • #

    There are no fundamental reasons for the sharp growth. I think that the general nature of the dynamics is speculative

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