Cryptocurrencies may go over a bull run greater than a year ago and pass the trillion-dollar mark in terms of value, experts told CNBC, carrying out a recent violent sell-off across digital coins.

Bitcoin has witnessed a tremendous fall in recent days, dropping below $6,000 the first time since mid-November. On Wednesday, it turned out trading above the $7,000 level because cryptocurrency market stabilized.

At its lowest point on Tuesday, the entire cryptocurrency market saw over $550 billion cancelled its value. But industry insiders see another rally ahead.

The Bitcoin companies are worldwide and the citizens of China and Japan have already been particularly active in its purchase as well as other Asian countries. However, recently in Bitcoin news china government has experimented with suppress its activity in that country. That action drove value of Bitcoin down for a short time but it soon surged back which is now all-around its previous value.

The Bitcoin history chart is incredibly interesting. Its creator was an anonymous gang of brilliant mathematicians (using the pseudonym Satoski Nakamoto) who designed it in 2008 to become “virtual gold” and released the very first Bitcoin software during the early 2009 through the height of the USA economic crisis. They knew that to own lasting value, it like gold had to have a finite supply. So in creating it they capped the supply at 21 million Bitcoin.

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