Bitcoin price increase reason,Bitcoin price rise reason,why bitcoin is going up,why bitcoin price is going up,26 october 2019 bitcoin price rise
Bitcoin price increase reason : Why does Bitcoin price go up ? The most popular cryptocurrency Bitcoin has recorded a remarkable price increase within two consecutive days (25 october 2019 and 26 october 2019) leaving serious questions about why did the bitcoin price go up ? What were reasons behind Bitcoin price rise on 25 october 2019 and 26 october 2019 ?
Potentially affecting reasons :
1- Chinese President Xi Jinping made a statement yesterday on blockchain technology, saying the country should implement the technology across the economy.
2- Expiration of CME Bitcoin futures contract
These two important developments are thought to have moved the Bitcoin price upwards.