The word "bitcoin" become ingrained in our everyday lives. Even those who have absolutely no idea what cryptocurrencies are, have repeatedly heard the words "bitcoin", "mining" and "all time high". Besides, typically minor events in the world of digital money are discussed by a small group of stakeholders, while record growth of the bitcoin price is widely covered by mass media.
So, world's famous cryptocurrency in the world has confidently hit another high. The bitcoin first jumped to $3,000 and then to $3,400. According to Coinmarketcap data, the capitalization of the cryptocurrency exceeded $53 billion. Moreover, August 1 was an important day for the bitcoin. After users refused to implement new mechanism Segwit2x, which was designed to increase the size of the bitcoin block from 1 megabyte to 2 megabytes, the currency was divided into two. As a result of this decision, a new virtual currency - the Bitcoin Cash – has appeared.
Some experts directly connect these two events, as successful resolution of this issue caused a sharp rise of the bitcoin. If you look at the trading statistics, you will see that before August 1 the cryptocurrency did not show any sharp rises. Now all we can do is to wait for new records, and, apparently, we do not have to wait long.