Bitcoin > $11,000 – also getting a nod from the Fed

New York Fed President Bill Dudley said that perhaps the Federal Reserve should start thinking about its own digital currency. He acknowledges the value of blockchain technology.

Dudley says that Bitcoin will never be a rival for the dollar and also states that is more of a speculative activity. However, giving the nod to the technology is helpful.

It seems like there is no such thing as bad publicity for the cryptocurrency. Prices of other coins such as Ethereum are also on the rise, but the most famous one seems to be leading the pack in rises, even at its current levels.

It did not take that long for BTC/USD from the break above $10K to topping 11K.

BTC/UDS is now trading at 11111.11 11298 US dollars and continues climbing

more coming


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