Bitcoin Breaks Through 5,000 USD - All time High
The decentralized currency Bitcoin has rallied hard this year, climbing from $1,000 per BTC on January 1st to $5,000 per BTC on the first of September. The digital asset had a substantial market capitalization of approx. $82.6B with only 16.5 million bitcoins currently in circulation. Further, bitcoin trade volume has been quite significant as the currency is trading over $2.6B every 24-hour period over the past week. All of this adds up to positioning bitcoin as the top performing currency in the whole world. So far in 2017 bitcoin has outperformed all government issued tender and a vast majority of stocks and commodities — Everyone’s favorite magical internet money beat them all.

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