Rising by 3% in five minutes, bitcoin price soars again

Lastweek, bitcoin price achieved the highest level since March, and the price of btc to usdchanged from $6786 to $8000. People analysisthat it may because the withdrawal of short position. Btc price broke through $8000again this time. Analysts have predicted that bitcoin value would surgeafter the tax day in America. Tax day is the deadline of submitting the incometax form, which was required by federal government. The bitcoin expert, JackTatar thought the price of cryptocurrency would recover, but not riseimmediately.

Comparedwith $14000 in January,btc price declined by 45% this year, which is asharp contrast to the rise in last year. US Internal Revenue Service considersbitcoin and other cryptocurrencies as capital, which means the trade of digitalcurrency in last year should turn over $25 billion as the tax.