As Bitcoin Passes $3,500, Many Predict Even More Gains

As Bitcoin Passes $3,500, Many Predict Even More Gains

Bitcoin is a juggernaut within the cryptocurrency world, and its reign on top shows no signs of ending. At the time of writing, the value of bitcoin on Coindesk is $3,578.64 (and climbing). Prices were expected to start a downward trend back toward $3,000, but the way they are moving at the moment, this seems unlikely. In fact, some experts, including Peter Brandt, are predicting the price will “explode,” according to The CoinTelegraph. Image Credit: CoindeskBitcoin has enjoyed a meteoric rise since the much dreaded “fork” that saw the cryptocurrency split into bitcoin and bitcoin cash. The latter currently sits at $330.05 (and may be exploding in its own right), while the former has enjoyed its strongest week of growth to date following the split. According to Coindesk, “Bitcoin is up nearly 25% on the week since the split, rising from $2,871 seven days…

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