Bitcoin Surpasses US$14bn Market Cap For First Time Since 2013
Other factors contributing to Bitcoin’s success are not difficult to find. India and Venezuela are struggling with demonetization, and major banks are fined several times over for their malpractices. With the Bitcoin price on a very bullish path, the overall market cap of this cryptocurrency has yet again increased. Earlier today, the total value of all Bitcoins in circulation unsurpassed US$14bn for the first time in years. In fact, Bitcoin has more than doubled in value his year. In January of 2016, Bitcoin was trading at an average price of US$435. Fast forward to today and Bitcoin is....
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Bitcoin markets have been seeing a lot of action this weekend, as the price of the crypto asset touched another all-time high (ATH) at $28,378 per coin. Toward the end of 2020, the cryptocurrency’s market capitalization has crossed a whopping half of a trillion U.S. dollars in value. The leading cryptocurrency by market valuation, bitcoin (BTC), has climbed immensely in value during the last few days. At the time of publication, the asset is trading between $27,250 to $27,750 per BTC on Sunday morning (8-9:30 a.m. EST). A few days ago, on December 24, BTC was swapping for $23,796 per....
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?
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