How big money investors will boost the price of Bitcoin
Jul 28, 2017, 11:48:52 AM Published By Wirex Team
Bitcoin has experienced an incredible rally in the last twelve months. From July 1, 2016, the value of bitcoin rallied from $680 inch-close to the $3,000 mark in mid-June and is now trading around the $2,650 mark. This impressive 12-month rally caught the attention of institutional investors who want their piece of the pie in this new high-performing asset class. As a result, several new investment funds have been launched specifically to invest in bitcoin and other cryptocurrencies and even some established investment houses have started investing in digital currencies.