Bitcon, the largest cryptocurrency for market capitalization is gaining ground after the weeks of selling pressures. After reaching a low in the $ 5,850 area on June 29, the bitcon price has started to rise to $ 6,800 today, Sunday 8 July, a compression increase of about $ 1,000 from the minimum of 29 June.
In an interview for the British news site “The Express”, David Sapper, COO of Blockbid said that Bitcoin (BTC) remains a strongly positioned cryptocurrency despite the bearish statements of some analysts.
Mr. Sapper was extremely optimistic and confident. For him, Bitcoin is just starting to show its potential. The road to growing adoption may have just begun:
I think the hype has just begun. Only 1% of the world’s population has a cryptocurrency. I think there will be more widespread adoption in the next 18-24 months.
And while Bitcoin advances, altcoin cryptocurrencies also benefit from the correlation between Bitcoins and cryptocurrencies. In today’s trading session, all the main digital assets are moving upwards, among all, the best performances are recorded on NEO which increases by about 7 percent, Tezos + 22%, Bitcoin Diamond + 38%, DigiByte +19%. With regard to Ethereum and Ripple, there are moderately positive increases, this cryptocurrencies are rising by 4.5% and 3.8%.