CORE MAGAZINE March 2017 | Page 17

The price of bitcoin has reached $1206 last night, breaking its all-time high on multiple exchanges. Bitcoin has finally surpassed its previous record set in November 2013.The surge in the price is connected to the approach of the announcement regarding the Bitcoin ETF approval, which is to be decided by the SEC. If approved, the ETF will be the first bitcoin ETF in the US market, opening the digital currency to a wider audience of investors

The price of Ether is rising. Having grown more than 55% during February, it has reached 8-month high. The surge in value is believed to be connected to the launch of the Ethereum Enterprise Alliance consortium and to the details given by Vitalik Buterin in his latest blog post regarding some changes that will come with the release of Metropolis.