Bitcoin ignites: that is why it increases by 40% from late June

Back in March at a rapid pace after the disappointment of the first six months of 2018 citations del Bitcoin which thanks to the nth of a series of daily increases recorded in July, enters today in the last week of trading for the month with an extremely positive balance (+ 39%).

Bitcoin: quotes still on

The main digital currency (BTC) that rises this morning for the first time since May above the 8000 threshold, quickly accelerated its run in the last hours and jumped from $ 15 to $ 8,208 (+ 6.78% within 24 hours), thus extending the already substantial gains recorded in recent weeks in a climate of renewed confidence that follows the debacle of the whole of the cryptocurrency market in May and June.

The causes of the latest increases

Among the main factors involved in explaining the new price spike, first some press rumors should be recorded, according to which this approval was really very close this time of the first exchange-traded fund related to Bitcoins by the American regulators, hypothesis already diffused in the past but which had not yet been confirmed.

Rumors about the arrival of ETFs

Two sources, one from the Securities and Exchange Commission and the other from Commodity Futures Trading Commission the two highest regulatory authorities of the US markets, they revealed to the Ico Journal's sectoral website that the SEC is now a step away from approving a request in this direction pbaded by the Chicago Board of Exchange (CBOE), by New York-based VanEck, among the leading US ETF managers and the SolidX encryption platform.