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Bitcoin exceeds 4,200 dollars per coin and continues to rise

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Bitcoin remains unstoppable and breaks the $ 4, 200 barrier over the past weekend, in a price-per-currency escalation that appears to have no predictable ceiling.

The popular crypto-currency exceeds reaches 4200 dollars per unit

At the time of writing these lines, Bitcoin is already trading at $ 4, 268 exactly and with an uptrend. This is a paradise for those who are dedicated to mining this crypto-currency, which in less than a month raised its value by more than $ 2, 000.

Just a couple of days ago we told you that Bitcoin had reached its maximum historical value and since then it has only risen. More or less a month ago Bitcoin had had a quite strong drop in its value and many predicted that the 'bubble' had burst and that other crypto-currencies were going to take their place, but nothing further than reality.

The evolution of Bitcoin

Bitcoin recovered very strongly after falling to the 1900 dollars it had a month ago, and as you can see from the chart, it does not seem that this peak will stop in the coming weeks.

A series of changes during the process of creating the currency have been key to strengthening the confidence of the miners and thus increasing its value. Many 'experts' are anticipating that Bitcoin could be worth $ 5, 000, something that was hard for us to believe just a few weeks ago.

We will see how this affects the graphics card market, since the more value this currency has, the more people begin to invest in graphics cards for mining, so there could be shortages in the market for gamers.

Source: hexus

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