The last couple of weeks have once again proven that bitcoin remains a strong, yet volatile digital currency, due to the numerous changes in value. To put things better into perspective, bitcoin finally ended up staging another rally over the end of the week, thus hitting a one-month high.
This was quite surprising judging by the fact that economic analysts have been warning against another negative volatility event. At the time of writing, bitcoin is trading at $4,625, which is the highest level that it has reached since the 8th of October. This is significantly better when compared to the value that it has a couple of weeks ago, when the digital currency ended up declining a bit below the $3,000 mark.