The price of bitcoin has exceeded $ 4,600

For the first time since September 8, the price of Bitcoin has exceeded $ 4, 600. In this way, the currency has fully recovered after the surprising Chinese Government ban on local exchanges with cryptocurrencies.

In the last 24 hours, the price of Bitcoin remained relatively stable in the range of $ 4, 600, although there have been times when it touched $ 4, 800. The highest turnover with this cryptocurrency has been registered in Japan, the United States and South Korea.

Bitcoin increases its value again to $ 4, 600

Today, with earnings this week, the digital currency has a market capitalization of $ 80 billion. Meanwhile, the prices of other cryptocurrencies fell. Ethereum recorded losses of 4%, up to $ 296, according to information from CoinDesk.

Following the results of this Monday, Bitcoin already has 51.5% of the total market capitalization of all digital currencies.

Bitcoin vs Ethereum: Similarities and differences

A potentially volatile currency

Bitcoin growth in the last 3 months

For now, the future of Bitcoin is quite unpredictable, considering that last September it reached $ 5, 000 and shortly afterwards it dropped to 3, 000.

The last to join the group of analysts predicting Bitcoin's death is Kenneth Rogoff, a professor of economics at Harvard University.

According to Rogoff, while some governments have taken steps to adopt and accept virtual currencies, such as Japan, most governments ignore Bitcoin when it is used for small, anonymous transactions. However, they will publicly reject it once Bitcoin becomes a more popular and widely used currency.

The same analyst assures that Bitcoin will probably collapse, although at the moment it is not known when it could occur and under what circumstances.