Bitcoin’s price continues to rally surpassing the $11,000 mark over the weekend for the first time in 15 months.
At the time of writing, Bitcoin‘s price had decreased by approximately 1.15 percent, with each coin being worth $10,873.04, according to Coinmarketcap.
In fact, Google Trends data shows that interest in the cryptocurrency increased after the tech giant’s announcement.
The world’s most famous cryptocurrency surpassed the $9,000 threshold for the first time in 2019 last week, amid rumours that the tech giant was getting ready to go public with its project.
It also soared past the $8,000 for the first time approximately five weeks ago.
Bitcoin‘s price also made headlines when it pushed above $5,600, at the time setting a 2019-high for the third time in less than a month.
It’s often difficult to explain Bitcoin‘s price movements, but this doesn’t stop speculation mounting.
Disclaimer: This is not investment advice. Readers are advised to do their own research before investing in any kind of digital asset or cryptocurrency.
Published June 24, 2019 — 11:21 UTC