Bitcoin remains confident at 9,000 milestone

Everything goes like clockwork for bitcoins and after a long winter slumber the most famous cryptocurrency increases its value in May by 66 percent.

Photo: Pixabay

Coindesk Bitcoin lost 0.57 percent on Wednesday to $8,689.92 , while continuing to stay at the psychologically close turn of $9,000. The most widespread digital currency has recovered its losses, which it has suffered for over a year, reviving the bullish mood in the circles of cryptocurrency and blockchain enthusiasts.

Bitcoin futures on the CME reported an increase of 7.73 percent on Tuesday, reaching an amount of $8,700. Bitcoin registered its 52-week high of $8,938.27 on Sunday, May 26.

Bitcoin has strengthened by about 140 percent since the beginning of the year, while the growth of major Wall Street indices has ranged from 9.8 to 15.3 percent.

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As for the altcoins, the picture is more positive, all representatives of the cryptoworld are growing:

• Ethereum rose by 1.83 percent to $272.30;

• Ripple jumped by 6.83 percent to $0.4512;

• Bitcoin Cash increased by 1.41 percent to $438.00;

• Litecoin increased its value by 0.70 percent to $115.12.