Bitcoin Market Cap Breaks $10 Billion

Bitcoin Market Cap Breaks $10 Billion

Bitcoin's fast-growing market capitalization has broken the $10 billion mark (data according to Coinometrics and Blockchain). The news comes just over ten days after our last report on Bitcoin's market cap on November 14th, where it was reported that the market cap was $5 billion. Twenty days ago, Bitcoin's market cap was just over $3 billion, reflecting increased interest in the digital currency largely due to mainstream media reports and recent United States Senate hearings. Here's what the incredible growth looks like on a chart (courtesy: Blockchain): The growth has many speculators....

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Bitcoin Market Cap Surpasses $5 Billion

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Today, Bitcoin's market capitalization has once again surpassed the 2.5 billion USD since the second quarter of 2013. While a 2.5 billion USD market cap is considered "chump change" in general economics, it's a great bit of news in the Bitcoin community. The news shows great signs of growth of the cryptocurrency. The question is, will the growth continue even further?