Why Is the Bitcoin Price Rising Past $5,000 Today?

The Bitcoin price is rising mainly because of the two imminent hard forks that will create "free money" for anyone who owns some of the digital currency. The price of Bitcoin hit an all-time high of $5,386.23, more than $300 above the previous high. The cryptocurrency is up 23% over the past week. But stocking up ahead of the hard forks isn't the only reason for the rise in the Bitcoin price. Plenty of other developments are also fueling this Bitcoin rally... Tags: bitcoin price To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why Is the Bitcoin Price Rising Past $5,000 Today? appeared first on Money Morning - We Make Investing Profitable .
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