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Bitcoin's price rises above $ 11,000 for the first time in 15 months



Bitcoin climbed over $ 11,000 on Monday, reaching a 15-month high, as a high-profile Facebook project threw cripples back into the spotlight.

The digital coin reached a high intraday high of $ 11,307.69 around 5.30 hrs HK / SIN Monday, according to the Coindesk price index, which takes into account the price of crypto-roll at different exchanges. This is the highest level since March 5, 2018. Battleneak has cut some of these gains and traded at around $ 10,624.10 at 10.05 hrs / sin Monday.

Investors seem to reject some of the memories of the bitcoin bubble burst after reaching a record of more than $ 1

9,000 in December 2017. The cost of the Crippo currency collapsed in 2018 and early 2019 when it fell to the brand of an average of $ 3,000.

Bitcoin has been marching since late February, as big companies have begun declaring crypto-related projects. In March, Fidelity put into operation a crypto-currency storage and commercial execution operation. But it might have been news of Facebook's Libra cryptoLive, which helped raise the battlefield. "The rise in prices is due to two major factors, one is a growing consensus among the investment community that Bitcoin is a legitimate value for the digital era, and two launching cryptoLage in Facebook scales has forced every CEO to take Crippe seriously, Jehan Chu, co-founder of Kenetic Capital, a startup investor, told CNBC

Blockchain is the main technology behind Bitcoin. The Facebook project, however, faces many questions from politicians and central bankers who closely monitor its development

Bitcoin is already over 170% this year. The increase in battleships has also helped raise the prices of other digital coins as an ether, which has increased more than twice this year.

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