Bitcoin Worth more than 7,850 Dollars, the Highest rate in nine Months. The price of 1 bitcoin exceeded the 7,850 dollars on Monday around 6:50 PM.
It is the highest rate since August 2018.
The virtual currency was worth 12.5 percent more on Monday evening than on Sunday.
Last Friday, the price of the cryptocurrency broke through the 6,000 dollars limit,
which was the highest level since November 15, 2018.
The reason for the substantial increase in value would be the incentive given by large parties to the bitcoin.
It will create more possibilities for investing in cryptocurrencies.