This week, Bitcoin has continued growing, the deamnd hs increase on this digital asset and reached new record highs at 5970 USD now when i ma writting this article.

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Bitcoin was traded between $5,550 to $5,850 durring this week . However, negative news followed by a correction also had an impact on the leading cryptocurrency like ethereum and litecoin .

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During Wednesday, Bitcoin dropped to $5,100 after the US Commodity Futures Trading Commision announced that tokens were to be equated with stock goods. If this happens,bitcoin and digital assets will be under a heavy regulation in USA, and this could impact directly the demand on Bitcoin, because USA is the largest market for bitcoin in the world .

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Despite another attempt at influencing the cost of Bitcoin, we observe an increase back to $5,700 levels and a continuing uptrend before the upcoming fork, this fork will impact directly the prices of bitcoin, maybe after the forks we will see a huge correction in the price of bitcoin .

BTC/USD 19.10.2017