{"id":2142,"date":"2017-03-15T15:35:02","date_gmt":"2017-03-15T15:35:02","guid":{"rendered":"https:\/\/blog.holytransaction.com\/?p=2142"},"modified":"2022-03-08T16:21:32","modified_gmt":"2022-03-08T14:21:32","slug":"one-month-bitcoin-price-1000","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2017\/03\/one-month-bitcoin-price-1000.html","title":{"rendered":"Bitcoin price: one month above $1000"},"content":{"rendered":"

According to the Coindesk Price Index<\/a> (CPI) Bitcoin price<\/strong> has reached a new goal, as it is one month that its value is above $1000.\u00a0<\/strong><\/p>\n

The digital currency remained above this value despite any situation as the refusal\u00a0of the bitcoin ETF<\/a>\u00a0related proposal by Cameron and Tyler Winklevoss<\/strong>, and the current debate\u00a0over how to address the bitcoin’s technical limitations.<\/p>\n

It was February 14th – is it a coincidence or a sign of destiny that this happened on the Valentine’s day? – \u00a0when Bitcoin price first hit $1000, so yesterday (March 14th) it was one month above this price<\/strong>.<\/p>\n

During this month, bitcoin reached its all time high, reaching a value of $1,300. Experts argued that this higher price was a consequence of the hope in the bitcoin ETF approval.<\/p>\n

But, if it is true that right after the SEC negative decision, the bitcoin price fell of about 30% ($from 1209 to $1022), it quickly rose again and at press time bitcoin is trading at $1256, so more than 25% above $1000.<\/p>\n

As explained by Andreas Antonopoulos<\/strong> on his official Twitter profile<\/a>:<\/p>\n

“If you measure bitcoin’s success by the approval of the incumbent and obsolete industry it replaces, you’re doing it wrong”.<\/em><\/p>\n

Also, currently a few altcoins such as Ether, Dash, Zcash and more are experiencing new highs.<\/p>\n

Open your free digital wallet here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n","protected":false},"excerpt":{"rendered":"

According to the Coindesk Price Index (CPI) Bitcoin price has reached a new goal, as it is one month that its value is above $1000.\u00a0 The digital currency remained above this value despite any situation as the refusal\u00a0of the bitcoin ETF\u00a0related proposal by Cameron and Tyler Winklevoss, and the current debate\u00a0over how to address the […]<\/p>\n","protected":false},"author":2,"featured_media":959,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76,83,468],"tags":[1376,1173],"yoast_head":"\nBitcoin price: one month above $1000 -<\/title>\n<meta name=\"description\" content=\"Yesterday Bitcoin price reached one month with a value above $1000. Why? 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