Bitcoin prices have fallen 11% since Friday last week so far, trading at $ 10,901.43 / Bitcoin on July 1. Despite the downward trend, the price of the most popular electronic currency in the world has increased by about 200% since the beginning of the year so far.
The positive information surrounding the growth potential of electronic money and the ability to be accepted as an official asset has helped the price of Bitcoin surged last month, returning to the price at the beginning of 2018. .
The fact that the price of Bitcoin dropped about 11% in the last weekend was an unexpected result, because in fact, the price of this virtual currency still increased slightly in Sunday trading session (June 30).
Bitcoin price dropped 11% since June 28 until now
According to observers, Bitcoin is expected to grow more sustainably in the coming time when the underlying platforms are more stable. Currently, the currency has been accepted at many major locations, including Microsoft’s entertainment and game software system, Amazon gift cards, Avnet electronic and software systems, services. Professional of Atrium, with many other big brands.
The positive growth momentum of Bitcoin in June is likely to repeat in the next few months. Accordingly, in the past 30 days, Bitcoin prices have increased by more than 35%, peaking at $ 13,848.17 / Bitcoin in the last week of June, before falling slightly to the current level.
Notably, Bitcoin’s fast but steady step has made investors more confident in this currency. Experts predict, it is likely that Bitcoin price will surpass USD 15,000 / Bitcoin until the end of July and maintain above this level in the following months.
Until the end of the year, it does not exclude the possibility that the price of this electronic currency will surpass the threshold of 20,000 USD / Bitcoin, the highest level of all time, according to forecasts compiled by CryptoNewsZ.
