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Saturday, 4 February 2017

Breaking news: bitcoin breakes through 1.000 dollar limit

BTC Direct - Price update!
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With the weekend in sight, it is time for our weekly price update!

Bitcoin € 964.77 | +9.5%
If we say this weekend is off to a great start, that would be an understatement. In case you are looking through this update just briefly, you might think that's because we're ending the week completely in the green. And yes, of course we are delighted by that fact but trust me there's more!

Yesterday, the bitcoin price broke through the 1.000 dollar limit! A huge milestone and an interesting development. Last week bitcoin surprised loads of people. Against all expectations, the price increased in spite of the fact that large Chinese bitcoin exchanges started to handle fees for the first time. This week bitcoin maintained that upward trend and thus broke through the 1.000 dollar limit. The week began relatively quiet but the price started to climb on Tuesday. This leads to an overall increase of 9.5 percent. We're hoping to see a 1.000 euro limit breakthrough soon!

Ether € 10.22 |  +1.6%
This week, ether can be considered as the trendsetter of the three currencies. The ether price started to climb last Monday which means that ether was a full day earlier than bitcoin and litecoin. In total, the price has increased by 1.6 percent.

Litecoin € 3.84 |  +3.5%
The litecoin price increased by a whopping 3.5 percent this week. It has been a while, but it looks like litecoin followed the lead of bitcoin once again. Here, we also see that the week started off relatively calm but when Tuesday came around things changed for the better and the price began to rise.

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