In April of 2016, Bitcoin price averaged at around $420 on most major Bitcoin exchange markets. Since then, over a period of 12 months, Bitcoin price tripled, increasing from $420 to $1257.
As Cointelegraph previously reported, Bitcoin price is nearing its all-time high price set at $1,277, primarily due to the explosive growth of the Japanese Bitcoin industry.
Analysts expect Bitcoin price to increase consistently in the mid-term if key markets such as Japan and the US sustain their growth and if relatively small markets like India experience a massive change in regulatory frameworks for Bitcoin trading and usage.
Full story at http://bit.ly/2qxnSO0
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