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Bitcoin Price Crosses $11,000 After the Announcement of Facebook’s Libra




The king of Cryptocurrencies, Bitcoin, has crossed $11,000 price after the announcement of Facebook about launching a digital currency next year. The Bitcoin is at the highest peak in the last 15 months after the announcement and is expected to lift more by the end of the current financial year.

After the US technology firm, Facebook, released the notice about issuing the cryptocurrency called, Libra, within a week, Bitcoin has risen in value by $2,000. As per cryptocurrency tracker, this uplift in price may radically reshape the financial landscape of governments and central bank. Earlier this year, the cryptocurrency remained below $6000 for much of the time. It lost popularity throughout the year, and many investors lost their interest. The best cryptocurrency portfolio tracker has the market value of all the top cryptocurrencies in the global crypto market.

Bitcoin grabbed the attention of people when its value reached $20,000 in 2017. And after going down last year, currently, it is at the peak level after 15 months. At the start of June, Bitcoin’s value was $8,539.81, and after Facebook’s announcement about Libra, it uplifted to hit $11,116 within a week.

Craig Erlam is a senior market analyst in a financial trading firm Oanda. He said that Bitcoin is slowly reaching its old standard. It has been rising for a few months, and Facebook’s decision about Libra is boosting the Bitcoin price more. And traders are also helping to adopt this cryptocurrency by using the technology. Bitcoin value can triple by the end of this year and can result in increased demand from professional investors.

From television to the internet platform, Jonathan switched his journey in digital media with Bigtime Daily. He served as a journalist for popular news channels and currently contributes his experience for Bigtime Daily by writing about the tech domain.

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Expert Embedded Hardware Development Services by Integra




Integra is a seasoned hardware design companies with a decade of experience in the field. Whether you need end-to-end embedded product development or assistance with specific project components, we’ve got you covered. From assessing your requirements to crafting hardware and firmware, to prototype testing, we ensure a comprehensive approach to meet your needs.

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At Integra, we specialize in developing embedded products for a wide range of systems. We excel in implementing projects based on 32-bit microcontrollers, designing electronics leveraging System-on-Chip (SoC) technology, and crafting solutions using 32- and 64-bit Single Board Computers (SBCs). Our expertise extends to creating intricate electronics with enhanced security requirements and a rich array of peripheral devices and input-output capabilities.

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Partner with Integra for expert embedded hardware development services that drive innovation and propel your projects to success. Contact us today to discuss your project requirements and see how we can help bring your vision to life.


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