Dr. Ajith Kumar V.V
Boosted by a weaker dollar and fresh enthusiasm for cryptocurrencies, bitcoin surged past $10,000 for the first time in a year. The cryptocurrency is known for its volatile price swings. Between late 2016 and 2018, investors watched as bitcoin soared from just a few hundred dollars to more than $20,000, before plunging back down. Then, late Friday, it reached the $10,000 mark for the first time in over a year, according to Coinbase. Bitcoin owes its latest ascension to a weaker dollar and Facebook's new digital currency, Libra.
Source: https://edition.cnn.com/2019/06/22/business/bitcoin-value/index.html