Tech News: Bitcoin just passed $4,000‼️(Read More)

Bitcoin just passed $4,000

What a day for Bitcoin.

About 24 hours ago the cryptocurrency  was trading below $3,700. An hour ago it surged passed $4,000 ‼️ and has no signs of stopping. It’s now trading around $4,135.00. For reference, a week ago Bitcoin hit an all-time high  as it crossed  $3000 for the first time.

A few days later Bitcoin  locked in SegWit, a code modification that fixes malleability issues  and frees up space in blocks, allowing  for more transactions to be stored in each one.

Most investors  have to convert fiat currency  to bitcoin  or other cryptocurrencies to participate in ICOs, which could be driving up  the price  (and providing some investors with their first taste of bitcoin).

Source: Tech Crunch