The course of the Bitcoin continued to increase on Thursday.

The oldest and best-known cryptocurrency was temporarily traded on the Bitstamp trading platform at $ 105,500. The course moves close to the record high again, which was reached in January at over $ 109,000.

Since Wednesday evening, the strongest price increase for Bitcoin has been showing for more than a week. Market observers refered to statements by the US Federal Reserve chief Jerome Powell. After the interest decision, he had commented on cryptocurrencies. When asked about possible risks due to cryptocurrencies, Powell said that banks were able to use crypto customers “as long as they can understand and manage the risks”. However, the central bank boss added that a stronger regulation through the congress would be “very constructive”.

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Previously, US President Donald Trump had spoken out in the election campaign for the reduction of regulation in cryptocurrencies and brought a national Bitcoin reserve into play.

Frankfurt (dpa-Afx)

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