Bitcoin Surges To A New Yearly High – BTC Is Racing Towards The $10,000 Level And Facebook’s Libra Could Be A Catalyst 


Crypto enthusiasts are extremely excited, and they cannot wait to see Bitcoin breaking the $10k level.

A few hours ago, Bitcoin was able to finally reach a new yearly high when it hit $9,768.

At the moment, BTC is trading in the green on CMC, and the most important digital in the crypto market is priced above $9,715.

Crypto analysts are predicting that the FOMO is definitely kicking in if BTC is able to break the psychological level of $10k and as you can see, we’re almost there.

Facebook's Libra is causing massive hype

The whole crypto space has been in the spotlight these days especially after Facebook announced its controversial token Libra.

Libra has a simple but massive goal – a stable, global currency that’s able to move around the world as fast as information without any involvement from banks, SWIFT and any legacy infrastructure.

Facebook announced its Libra coin and the Calibra wallet. According to the social media giant, this move will be reinventing money.

They claim that sending money will become as simple as sending a message or a photo for Facebook Messenger and WhatsApp users.

There’s a huge fear that Libra can move extremely fast and that it will completely revolutionize the industry after its launch in 2020.

Libra is a catalyst for the next bull run

Justin Sun has also offered his opinion on this project, and he seems to be very optimistic about it.

He says that it will trigger a FOMO and also a potential bull run for the crypto industry.

Considering what's been going on in the crypto market since yesterday, Sun might have a point, that's for sure.

https://twitter.com/2ez28u/status/1140990700982558721

In the community, people have been telling Sun that this only adds more subjects to the long list of topics he needs to cover while at lunch with Warren Buffet.

People Mentioned

Justin Sun

Founder of TRON (TRX)

Coins Mentioned

BTC

Bitcoin

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Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

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