Bitcoin Rate Update - 5th December 2017

in #btc9 years ago

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Bitcoin Price Holds Near $11,500 Despite Regulatory Heat:

The bitcoin price has continued to trade near $11,500 in defiance of reports that multiple national governments are scheming to regulate cryptocurrency usage.​

Bitcoin Price in India Surpasses International Market Rate
Increasing local demand in the face of limited supply has prompted Bitcoin price to reach an all-time high on Indian exchanges – nearly 15-percent the going rate in global markets.​

What’s behind the bitcoin boom?
As the price of the bitcoin leaped past $10,000 this week, marking a tenfold gain in 2017, many investors seemed to nurse a ‘missed-out’ feeling.

Bitcoin bigger than Buffett, Boeing, New Zealand's economy
Bitcoin’s extraordinary price surge means its market capitalization now exceeds the annual output of whole economies and the estimated worth of some of the world’s top billionaires.

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still strong :)

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