Bitcoin Prices again above $7500

After the heavy fall to $5617 (Nov-12) from the top of around $7720 (Nov-8), Bitcoin has recovered to $7520 levels. There were news and rumours that Bitcoin Cash will replace Bitcoin as the official Bitcoin. This resulted a heavy selling pressure on Bitcoin resulting delayed transactions and fees.

Bitcoin Cash had climbed to 2nd spot last week replacing Ethereum in market capitalization. Bitcoin Cash had also made an all time high of $2500 levels. However, it has lost most of the gains and currently trading just $1000 levels.

Now waiting for the normalcy of bitcoin fees and transaction delay. As expert predicted, expect to touch bitcoin $10000 by this year end.