Bitcoin exceeded $ 17,000. What's next?

The cryptocurrency market is gaining popularity again. The price for Bitcoin exceeded $17,000, and capitalizationexceeded the historical maximum due to the increase in the number of bitcoins.

The growth began after PayPal introduced cryptocurrency exchange into its system.

What's next?Cryptocurrencies have always been considered risky assets. The growing demand for these assets proves that investors have nowhere to put their money. Therefore, demand for stocks, emerging market bonds and junk corporate bonds will increase in demand.

The worst thing is that there are no real reasons for US stock indices to fall. And this causes even more uncertainty.

The demand for Ukrainian government bonds is also growing. Non-residents, after the presidential elections in the United States, invested over a billion hryvnia in government bonds. Against this background, the hryvnia exchange rate is strengthening.