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Bitcoin exceeds $ 6,000 for the first time this year

The theft of 7,000 bitcoins, one of the world's largest encryption exchanges, did not affect the price of Bitcoin.


The price of Bitcoin exceeded $ 6,000 for the first time since November last year. At the time of writing, Bitcoin is trading at $ 6,102.64 according to CoinMarketCap.

Binance hacking

Made worse by the brief suggestion of the company's CEO, Changpeng Zhao, to change the history of Bitcoin to undo the hacking, it was not the only recent bad news for Bitcoin and cryptocurrencies in general.

In April, it was learned that China is considering banning cryptocurrency mining in the country. At the end of that month, the New York attorney general accused Bitfinex of cryptocurrency exchange and Stablecoin Tether of covering a loss of client funds for 850 million dollars.

Last week, the famous investor Warren Buffett criticized Bitcoin for being useless, and Nobel Prize-winning economist Joseph Stiglitz suggested that cryptocurrencies should be "closed."

There was also good news

In April, Coinbase opened its doors in several key markets, such as Argentina, India, Indonesia and Mexico. And earlier this week, a report said investment giant Fidelity is looking to launch an encryption trading product.

Bitcoin is Bitcoin

He largely ignored the news and simply kept pumping. There is still a long way from its December 2017 highs of almost $ 20,000, but recent price increases remind of 2017, when the price continued to rise no matter what happened (until mid-December).

Other important cryptocurrencies

Like Ethereum and XRP, they have also experienced price growth in the last 24 hours, but the gains were much more modest. Ethereum rose 0.81% and is currently trading at $ 171.49, and XRP rose 0.28% at its current price of $ 0.300681.