On Monday, May 27, cryptocurrency number 1 demonstrates steady growth, coming close to the mark of $9000. The Bitcoin rate has reached $ 8755.10 and analysts say that it is ready to continue moving.
According to the observations of experts, the leading digital currency has risen by almost 140%since the beginning of 2019 and reached a maximum level since May 2018. Experts believed that the current breakthrough is the latest news confirming the growing interest of a number of large companies in virtual assets. According to the estimates of cryptocurrency experts, the global digital currency market has good potential both in the short and long term.
However, many investors were slow to remember the recent collapse of the virtual asset market. Recalling that the volume of transactions on it lags behind the pace of price increases, they considered this market "overheated". Some analysts believe that the current rise will soon be followed by a recession. At the same time, about 15% of experts declared a decline in the cryptocurrency market, while supporters of its growth are about 45%. Optimistic analysts predicted a rise in the price of Bitcoin to the $9,550 mark. In analyzing the value of cryptocurrency number 1 in the medium term, the number of positive experts rose to 70%.
