The bitcoin reaches $ 5,000 for the first time since November

The bitcoin reaches $ 5,000 for the first time since November

The circlomoney went up by 20 percent in Asian operations. 

   The price of the bitcoin  suddenly surpassed the barrier of $ 5,000 on Tuesday, reaching its highest level since November 201 8. The value of the digital currency rose by 20 percent in Asian operations and later, It operated at around 4,700 dollars, which meant a rise of 15 percent, its highest daily gain since April of last year. A few hours earlier, on Monday night, a bitcoin was worth 4,126 dollars.

Although the reasons for this unexpected shooting are not clearly known, the movement was described by analysts as a great order made by an anonymous buyer that unleashed a frenzy of computer operations.

   Oliver von Landsberg-Sadie, chief executive of London-based cryptocurrency firm BCB Group, said the move was likely to be generated by an algorithmic order valued at around $ 100 million and spread across large research centers. transaction, such as Coinbase and Kraken -based in the United States- and Bitstamp -in Luxembourg-. "There was a unique order that has been managed algorithmically in these three places, for about 20,000 BTC (bitcoins)," he said.


   "If you look at the volumes of each of these three centers, there were some units of volume arranged and synchronized around 7,000 BTC per hour."
The analysts could not highlight any news or specific event in the sector of cryptocurrencies that can explain the great order of the mystery buyer.

Since the beginning of the year, the first and main virtual currency had not managed to leave a range that ranged between 3,500 and 4,000 dollars. Created in February 2009 by one or several computer scientists hidden behind the pseudonym of Satoshi Nakamoto, the bitcoin was worth a few cents for a long time. But in 2017 it surprised the world by moving from $ 1,000 in January to almost 20,000 by the end of the year. However, the broad interest faded as prices plummeted.