Another $1 Bln to Bitcoin Market Cap: Why The Rally?
Another $1 bln will be added to the market cap of Bitcoin in one day - that is by tomorrow December 24 if the digital currency’s uptake continues at its current pace. According to CoinMarketCap, the currency, as at the time of this publication, increased by 5.34 percent to push its market cap to $14.6 mln at a rate of $912 per Bitcoin, having recorded around $217 mln worth of transactions within the 24-hour period. This could mean another record for Bitcoin by tomorrow December 23 as its market cap would have crossed the $15 bln mark. There must be an explanation for why the price of....
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