Bitcoin price sets a new record high of $ 7,000.00 per bitcoin on November 2, 2017 at 8:23 UTC. This is the highest price of bitcoin reach, since suffering from downfall a couple of months when China’s government ban bitcoin trading in their country.
In addition to the price drop is when JPMorgan’s Demon says bitcoin is a “fraud”. Maybe because of these factors that investors who want to invest in bitcoin became skeptical and wait what happens to bitcoin.
Bubble Not Bursting
Until now November 7, 2017 the price of bitcoin is above $7,000. According to coindesk price index the value of bitcoin now is $ 7,167.83.
All Time High
Bitcoin price increase by $ 400 in just one day. From $ 7,000 in November 2, 2017 and jumps to $ 7,454.04 at 6:40 a.m. ET Friday, November 3, 2017. According to coindesk it is the all-time high price of bitcoin.
Meanwhile the newly created Bitcoincash (BCH) is making significant gains trading at around $ 450. It risen 62.16 percent in over a week.