During the weekend, the price of bitcoin fell from $280 to $265.
According to CoinDesk, the bitcoin collapsed on Saturday morning. At 11:00 UTC the price was around $280. At the end of the day, the price was close to $260.
On Sunday, bitcoin gained back the loss. Over the night from Sunday to Monday the price fluctuated around $264.
During the last month, the price of bitcoin showed all the signs of recovery, sitting slightly above the $275 mark at press time. Good news from Russia, Ukraine and Vietnam, as well as the Greece debt crisis and Chinese market crash, all seem to have contributed to the recent growth of bitcoin.
Coindesk Bitcoin Price Survey says that bitcoiners believe in the bitcoin price increase. 2,702 bitcoiners took part in the recent survey conducted by Coindesk. 54% expressed moderate optimism, believing that by the end of the year the price of one bitcoin will be between $300 and $500. Further 14% could be qualified as “moderate pessimists”.
They believe the bitcoin price will stay between $200 and $300. These two groups account for 68% of those who took part in the survey.
Roman Korizky
