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Superb Sunday for Bitcoin as price breaks $9,000

Scott Thompson
The price of Bitcoin hit a 13 month high this morning, climbing above $9,300, according to Coin360. Binance boss Changpeng 'CZ' Zhao was, somewhat unsurprisingly, very happy about this. Over 9000! pic.twitter.com/Z1kWmmgLXG -- CZ Binance (@cz_binance) June 16, 2019 What a difference six months can make. Today marks 6 month anniversary of Bitcoin bottom hit on Dec 16 last year. 6 months ago Bitcoin was supposed to hit $1000 and now we are talking about breaking $20k and beyond. Crazy how times change. -- Anondran (@anondran) June 16, 2019 Next stop $10,000 and the beginning of a “crypto summer", according to Circle CEO Jeremy Allaire. Crypto market rallying (again) ahead of Libra launch, marking a massive inflection point in global adoptionThe post Superb Sunday for Bitcoin as price breaks $9,000 appeared first on Coin Rivet.

The price of Bitcoin hit a 13 month high this morning, climbing above $9,300, according to Coin360.

Binance boss Changpeng ‘CZ’ Zhao was, somewhat unsurprisingly, very happy about this.


What a difference six months can make.


Next stop $10,000 and the beginning of a “crypto summer”, according to Circle CEO Jeremy Allaire.


Allaire believes that the launch of Facebook’s Libra (aka GlobalCoin) initiative will play a major role here.

The social media giant has received backing from over a dozen firms, including Visa, Mastercard, PayPal and Uber, according to a report by the Wall Street Journal (WSJ). It quotes sources familiar with the matter, who say that the companies have each invested around $10 million in a consortium that will govern Libra, to be known as the Libra Association.

The post Superb Sunday for Bitcoin as price breaks $9,000 appeared first on Coin Rivet.