Bitcoin Crosses $15 Billion Market Cap
Bitcoin’s bullish run in what has proven a strong rally in Q4 2016 sees the total value of bitcoin in circulation scale and cross a significant milestone. Bitcoin’s market capitalization is now beyond an all-time high of $15 billion. According to figures from CoinMarketCap, a total of 169,835 bitcoins were traded in the last 24 hours, which represents a value of approximately $159 million at the time of publishing. Bitcoin price struck a high of $936.42 today on the Bitstamp Price Index (BPI), gaining nearly 5% in value since the start of day. Today’s rally saw bitcoin price rise from....
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The price of bitcoin has been surging at a frenetic pace in a bullish run that began in the last quarter of 2016. The relentless run sees bitcoin’s market capitalization now scaling beyond $17.5 billion. Exactly a week after bitcoin’s market cap touched $15 billion, rapid gains since through the end of 2016 and the beginning of 2017 that saw bitcoin price reach $1000, has resulted in bitcoin charting through yet another milestone. According to current figures from CoinMarketCap, a total of 201,085 BTC were traded in a 24-hour period, representing nearly 220 million in USD. As things stand,....