Bitcoin soars above $8,000 to all-time high

13:40, 17 November 2017
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Bitcoin surged to an all-time high above $8,000 overnight November 17, according to the Bifinex exchange.

REUTERS

Since the morning of November 17, bitcoin has dropped to $7,701 on Coindesk and $7,680 on Bifinex.

As UNIAN reported earlier, analysts of Goldman Sachs investment bank projected that bitcoin value will exceed $8,000. In their opinion, everything indicates a new surge.

Read alsoBitcoin drops 29% from record highBitcoin price for the first time went past a $6,000 mark on October 20. Already on November 2, the rate of the most popular cryptocurrency exceeded $7,000.

Read alsoCryptocurrency in Ukraine not banned by law – finance ministerMeanwhile, JPMorgan Chase CEO James Dimon believes that it is impossible to do business when the currency is taken "from the air". "This will not end well… Someone will be killed, and only then the authorities recognize the problem… Bitcoin can cost at least $20,000 when that happens, but the problem eventually will mature. This is a fraud, and personally I'm shocked that no one sees the real situation," he said.

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