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The digital currency Bitcoin continues its growing trend. The value of the crypto-currency rose on Tuesday to a record high of more than 2,871 USD. On the previous day, the price was “barely” 2,848 USD, which is about 17% above the price last week. The current growth is evidence of the market speculation do not depreciate the virtual currency, after in end f May Bitcoin dropped below 2,000 USD.

Merchants explain continuing growth with the recently announced lifting of the toll ban on the three largest Chinese bitter markets. In February, trading centers halted withdrawals after the Chinese authorities expressed concern about the export of capital from the country as well as about possible money laundering.

Particularly fast-growing commerce in China is considered for some time to be a driver of prices. By the end of 2016, the digital currency in circulation in 2009 still cost less than 1,000 USD in cash. At the end of 2010, the price of Bitcoin was 0.30 USD.

The Bitcoin is a digital currency that has emerged less than ten years ago. This money is generated in complex computing processes and traded on platforms on the Internet against a traditional currency. The system uses block-chain technology. This is an encrypted database where all transactions are stored.

