{"id":2086,"date":"2017-02-23T15:08:28","date_gmt":"2017-02-23T15:08:28","guid":{"rendered":"https:\/\/blog.holytransaction.com\/?p=2086"},"modified":"2020-11-22T18:41:44","modified_gmt":"2020-11-22T16:41:44","slug":"value-of-bitcoin-higher-price","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2017\/02\/value-of-bitcoin-higher-price.html","title":{"rendered":"Value of Bitcoin: the digital currency&#8217;s higher price"},"content":{"rendered":"<p>The value of bitcoin has grown a lot in the last period, reaching its all-time high set back in\u00a02013.<\/p>\n<p>According to the <a href=\"https:\/\/www.coindesk.com\/price\/\">CoinDesk Bitcoin Price Index<\/a>, at\u00a0the moment the value of bitcoin is less than $30\u00a0below the maximum ever value\u00a0of $1,165.89 reached on November 30th, 2013.<\/p>\n<p>This latest rise comes after <strong>bitcoin&#8217;s <a href=\"https:\/\/www.coindesk.com\/bitcoin-price-tops-1000-longest-stretch-history\/\">longest ever period<\/a> at over $1,000<\/strong>, and a period of average volatility during the recent few months.<\/p>\n<p>Also, this high might reflect the traders and investors confidence in an industry field that has been recently affected by the <strong>Chinese central bank&#8217;s plan to restrict the Chinese bitcoin exchanges environment<\/strong>, with the result of several of them to temporarily stop any withdrawals of the digital currency.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/holytransaction.com\/page\/what-gives-bitcoin-value\"><em>Click here to better understand what gives Bitcoin value with an infographic.<\/em><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Another possible news to having an influence on the value of Bitcoin is the currently SEC decision on the Winklevoss\u00a0brothers&#8217; bitcoin ETF \u2013 an event that some experts explained that <strong>traders are already pricing in<\/strong> a potential approval.<\/p>\n<p>On March 11st we could see the approval of\u00a0the <a href=\"https:\/\/www.coindesk.com\/bitcoin-etf-anticipation-winklevoss-trust-deadline\/\">first bitcoin ETF<\/a>\u00a0within the U.S.A. market, opening the virtual currency to a larger group of investors.<\/p>\n<p>However, many experts in the <strong>industry cannot see a high propension<\/strong> of financial regulators to approve this move.<\/p>\n<p>For more charts about the Value of Bitcoin in the past, <a href=\"https:\/\/holytransaction.com\/blog\/?s=bitcoin+price&amp;submit=Search\">click here.<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The value of bitcoin has grown a lot in the last period, reaching its all-time high set back in\u00a02013. According to the CoinDesk Bitcoin Price Index, at\u00a0the moment the value of bitcoin is less than $30\u00a0below the maximum ever value\u00a0of $1,165.89 reached on November 30th, 2013. This latest rise comes after bitcoin&#8217;s longest ever period [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":2,"featured_media":2060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76,83,468],"tags":[840,992,1368,1173],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Value of Bitcoin: the digital currency&#039;s higher price -<\/title>\n<meta name=\"description\" content=\"Right now the value of Bitcoin is almost the higher reached since November 30th, 2013, when its value was $1,165.89, so $30 less than now.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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