RATE Group | Bitcoin Ticks Higher As Overstock CEO Predicts A Cryptocurrency ‘Revolution’
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Bitcoin Ticks Higher As Overstock CEO Predicts A Cryptocurrency ‘Revolution’

07 Nov Bitcoin Ticks Higher As Overstock CEO Predicts A Cryptocurrency ‘Revolution’

Posted at 09:19h in Bitcoin News by

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Bitcoin has ticked higher over the last 24 hours, boosted by positive sentiment across major cryptocurrencies, two-year record-low volatility, and bullish comments from the chief executive of Overstock, the U.S. Amazon rival — which began accepting bitcoin back in 2014.

Bitcoin and cryptocurrency boards showed a sea of green for the last 24 hours trade, with bitcoin cash adding a huge 13% as a looming fork adds trading volume and miners join the network to have their say on the potential split. Bitcoin itself added 2% to almost $6,600 for the first time mid-October.

Bitcoin bull Patrick Byrne, Overstock’s CEO, meanwhile told crypto YouTuber Naomi Brockwell he is still expecting the mass adoption of cryptocurrency and the collapse of the current established financial system.

Bitcoin prices have remained subdued over recent months as investors and traders await news from institutional investors and regulators. (Photo by S3studio/Getty Images)

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