Bitcoin Surpasses $ 9 Bln Market Capitalization, Its Price and Acceptance Surging

Bitcoin Surpasses $ 9 Bln Market Capitalization, Its Price and Acceptance Surging

Bitcoin’s market capitalization has swiftly surged past the $ 8 bln dollar mark, and even momentarily broke the the $ 9 bln mark. However, it is still a good while off its historical highest point of 13.8 billion dollars of November 2013. 9 billion dollar market capitalization. On Saturday, June 4th 2016, Bitcoin surpassed the 9 billion dollar market capitalization mark for the first time since February 2014. Although this was only a temporary change, it is testament to the rising acceptance of the cryptocurrency and its associated rising price. However, as Reddit user, /u/chuckymcgee,....


Related News

Bitcoin Surpasses Facebook In Market Capitalization

As Facebook goes down, Bitcoin is still up and surpasses the social media network in market capitalization.

Bitcoin All-Time Price High Surpasses $28K, BTC’s Half Trillion Market Cap No...

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....

Total crypto market value breaks $1.9T for first time since May

Crypto markets recorded a notable rise, surging $700 billion, or 58%, over the past 21 days. The cryptocurrency market has continued a solid bullish trend in early August, with the total market capitalization nearing $2 trillion.According to data from crypto data aggregator CoinGecko, the total crypto market cap broke the $1.9 trillion mark on Aug. 9, retouching this level for the first time since May 18.Starting July 19, cryptocurrency markets recorded a notable rise, with market value surging nearly $700 billion. The market is still down roughly $700 billion from the all-time high of....

Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B

2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top ten crypto coins. USDC is also the only stablecoin with market capitalization greater than $1 billion other than tether. This year quite a bit of money has flown into the stablecoin economy and just recently all the stablecoin tokens in existence captured a $20 billion market valuation. This means all....

Tether market cap surpasses $17B, fueling Bitcoin price rally

Bitcoin’s new highs come amid lots of new money pouring in via stablecoins. According to Tether’s official transparency data, the USDT market cap crossed a $17 billion mark for the first time, hitting over $17 billion in total assets.Tether’s market cap has been growing exponentially in 2020. As of mid-September, Tether’s market cap saw nearly a four-fold increase since the beginning of the year, surging above $15 billion from around $4 billion. According to data from crypto analytics firm Messari, USDT saw a notable increase from August 2020 to date. As such, USDT added more than $5....