Nowadays the value of the Bitcoin is often compared to gold. The price of that cryptocurrency is going to grow even higher due to the keen interest from big investors.
After the Bitcoin rate went over 10 000 USD per 1 BTC price mark – the Bitcoin rate started to fluctuate notably.
The Bitcoin rate depends on many factors. Besides the high level of demand and technical innovations, the governmental regulations and even mass media gossips can also influence it. For example, at the beginning of December 2017 British financial regulators allegedly wanted to impose restrictions and tighten control of the cryptocurrency. This information, in fact, has become a catalyst for a fall od a Bitcoin rate. Bitcoin has fallen in price by about $ 1,000. However, the fall did not last long. With the beginning of the new week the rate of the main crypto currency started to grow again.