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By the weekend the bitcoin price has retrieved from the week low from 18 March it rose to $9,000 on 24 March.

Since the week has been started March 19, the price of bitcoin is struggling to get stable between $8,200 to $9,000. The volatile cryptocurrency price has affected the buy and sell bitcoin in India to some extent. But the technical charts show the constant rise in price for coming days.

On March 23, France, Minister of Finance Bruno Le Maire had pointed out the importance of Bitcoin and cryptocurrencies to the world in G20 agenda. Whereas Jack Dorsey, CEO of Twitter and Square showed his confidence in cryptocurrency saying he sees Bitcoin as the world and internet’s future singular currency. These statements caused the price of bitcoin to cross $9,000 with a positive remark on cryptocurrency.

The price tumble next day again from $9,000 when the news broke down of Binance cryptocurrency exchange received a notice from Japanese Financial Services Authority (FSA) for being unregistered and moving to Malta.

At the writing time, Bitcoin is trading at $8,932.94 according to the Coindesk, Bitcoin Price Index. The increase of 4.5 percent recorded as per the CoinMarketCap for the entire day rise.