U.S. Markets closed

BITCOIN BOOM: Cryptocurrency will SMASH $100,000 mark by 2020, expert predicts

Express.co.uk
BITCOIN BOOM: Cryptocurrency will SMASH $100,000 mark by 2020, expert predicts

GETTY Bitcoin touched new highs last week, rising more than 15 per cent from $12,653 as markets opened to smash through $16,500 in late trading. This put one day gains on the cryptocurrency to 31 per cent - an almost unprecedented gain for a currency or financial asset. In comparison the UK pound has risen 0.15 per cent against the US dollar over the past 24 hours and 6 per cent over the past year. This meteoric rise suggests waves of money from private investors are entering the market, with even the market shy potentially encouraged by the astronomic gains seen over the past year. On 9 December 2016 a single Bitcoin was trading at $770. On Thursday, Bitcoin hit $16,577, this represents a 2,053