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Bitcoin surges past $17,000

Bitcoin soared $5000 in 2 days

Bitcoin illustration

Its been crazy few days for Bitcoin – the price for cryptocurrency has surpassed $17000 on few exchanges on, December 7.

Bitcoin surge past $17000 on 7 December
Image credits: coindesk

Bitcoin price plunged more than $5,000 in 48 Hours. Price of bitcoin has soared more than 1,000 per cent since the start of the year. Despite the volatile nature of cryptocurrency, people are heavily investing in bitcoin as, the gains are very high.

On the other side other cryptocurrencies are not rising in similar fashion as compared to bitcoin. In the past 24 hours, bitcoin has left its rivals way behind, gaining 25% in value while the others have fallen anywhere from 3% to 10%.

Nobody is clear where the bitcoin will stop however seeing the trend it should cross $20000 price in coming week or two

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