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Published: 16 Feb 2018 › Updated: 16 Feb 2018Cryptocurrency

Cryptocurrency

Bitcoin recovering to $10,000 could bring in new buyers

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Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.
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In the week around Thanksgiving, Coinbase added about 300,000 users, helping send bitcoin from around $8,000 to $10,000.
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For UK-based online trading platform eToro,
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_user growth slowed down through the end of January — which was when bitcoin began dropping significantly. But the rate of withdrawals has not increased, _
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indicating that users were not selling out and that demand from new customers may have helped previous price gains.

Bitcoin equals

629790.67 Indian Rupee

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