Bitcoin Prices Reach (Yet Another) All-Time High

knaki (34)in #bitcoin • 7 years ago (edited)

Bitcoin has continued to trade at over $4,000 since reaching a record level of $4,225 yesterday, and has now set a new all-time high of $4,241.

inRead invented by Teads
According to the CoinDesk Bitcoin Price Index, average prices across exchanges today opened at $4,111 and have seen a 2.97 percent increase so far. At press time, a bitcoin was worth $4,231.

Notably, since the price passed the $4,000-mark for the first time yesterday, prices have maintained a level fluctuating at around $4,100, only dipping to below that level once when bitcoin was trading briefly for around $3,900. However, prices soon returned to above the $4,000 point.

The record-breaking price levels would seem to indicate money coming into the market that had been held back pending the uncertain outcome of a split of the bitcoin network that resulted in a new cryptocurrency called bitcoin cash.

Bitcoin cash, which was created on August 1, already stands as the fourth largest cryptocurrency by market capitalization and currently has a value of around $306, according to CoinMarketCap.

The total market cap of all cryptocurrencies has again reached previously unseen levels, and has now reached $138 billion – a billion higher than yesterday's all-time high.

Follow me on Twitter : https://twitter.com/CryptoFanFrance

Source : https://www.coindesk.com/bitcoin-prices-reach-yet-another-all-time-high/

#cryptocurrency #crypto

7 years ago in #bitcoin by knaki (34)

Sort:

steemcleaners (83) 7 years ago

Copying/Pasting full texts is frowned upon by the community.

Some tips to share content and add value:

Using a few sentences from your source in “quotes.” Use HTML tags or Markdown.
Linking to your source
Include your own original thoughts and ideas on what you have shared.

Repeated copy/paste posts could be considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.

Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post.

If you are actually the original author, please do reply to let us know!

Thank You!

$1.14

1 vote

[-]