Bitcoin price july 2013

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0.00600041 bitcoins

Investors and traders began using it as an investment, as well, but its price is very volatile. The first half of continued the same, with relatively muted volatility and price consolidation. Bitcoin's price should continue to rise as long as it continues to grow in popularity and its supply cannot meet demand. Bitcoin became a financial instrument that investors and financial institutions used to store value and generate returns. Investing in cryptocurrencies and other Initial Coin Offerings ICOs is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or other ICOs.