Above $ 11 thousand: Bitcoin, the most popular cryptocurrency in the world, is trading in positive territory

The market capitalization of the cryptocurrency is currently 572.5 billion dollars. Bitcoin accounts for about 34% of the total cryptocurrency market.

Image Source: Reuters

The most popular cryptocurrency in the world bitcoin (bitcoin) rises in price on Thursday, remaining at about 11 thousand dollars, traders are following the news about the regulation of the cryptocurrency market, according to market data.

According to the portal CoinMarketCap, as of the morning of bitcoin rose by 7.15% - up to 11.63 thousand dollars. At the Bitfinex exchange, the cryptocurrency grew in price by 8.52% - up to 11.6 thousand dollars, on the GDAX - 8.3% - to 11.51 thousand dollars. According to the portal Coindesk, bitcoin increased by 1.56% - to 11.58 thousand dollars.

Other popular cryptocurrencies are also in positive territory, according to CoinMarketCap. Thus, Ethereum went up by 10.95%, to 1.1 thousand dollars, Bitcoin Cash - by 5.15%, to 1.7 thousand dollars, Ripple - by 2.07%, to 1.38 dollars. The market capitalization of the cryptocurrency is currently 572.5 billion dollars. Bitcoin accounts for about 34% of the total market.

Image Source: Reuters

The main focus of investors is on the issue of regulating the market of cryptocurrencies. In particular, traders are following South Korea - on Tuesday, Yonhap agency, citing an official source, said that anonymous crypto-trading will be banned from January 30. The source noted that for the trade in cryptocurrency, now every trader will have to identify himself with the help of a bank account, and accounts belonging to foreigners and minors will be blocked for operations with digital currencies.

Image Source: www.ccn.com

At the same time, Brian Kelly, financial analyst at the hedge fund BKCM, is quoted as saying that due to uncertainty about the regulation of digital currencies in South Korea, now the cryptocurrencies are "in transition" - they are transferred from Asian to American and European markets.

Thus, the Minister of Economy of Switzerland Johann Schneider-Ammann announced his desire that his country become a "crypto-nation". And state secretary of the Ministry of Finance of the country Jorg Gasser said that Switzerland has a huge potential for the development of blockchain technology, although the market "is not as disciplined as we would like."

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