Bitcoin Hits $9,000 Mark as Mainstream Acceptance Grows

[kreslik.news]

Bitcoin hit a new record today, passing $9,000 for the first time.

Since its birth in 2009, the general trend of the coin has been steady appreciation in value. At the same time, the price of Bitcoin has been characterised by such drastic drops and jumps that the term rollercoaster ride seems less hyperbole and more understatement.

To see just one example of this volatility, one need only look at September of this year. All cryptocurrency-related goings on were banned in China on the 31st of October. China had been the biggest playground for the digital currency industry, and the official announcement ... (read more)