BITCOIN ROLLS UP THE $ 4,500 PER UNIT

For this Sunday, October 8, Bitcoin's price has passed the $ 4500 barrier, presenting an increase of its price in the last 24 hours of more than 5%. The total cryptoactive market has also recovered to over $ 150 billion, after news of the ban on initial currency offerings and the closure of exchange houses in China, as well as other minor events, led to a fall of its capitalization.

Today, Bitcoin has surpassed $ 4500. This increase seems to be being fostered through the Bitfinex exchange house, which is currently handling almost 12% of all Bitcoin transactions, exchanging a little more than $ 130 million over the last 24 hours with the BTC pair / USD. The second fastest exchange house is the Japanese bitFlyer, moving 6% of Bitcoins against the yen and followed by Bithumb presenting transactions representing almost 4% against the Korean won.

Even so, when looking at all the volumes of change it seems that the biggest pair of change is the BTC / USD and with these movements upward, it could be said that a good volume of dollars is entering this cryptononeda and in turn to the market of cryptoactive , as bitcoin continues to dominate the market with a 49.8% share against the value of the rest of the digital assets.

Since October 5, it seems that the entire crypto-capitalization market has resumed its growth path, increasing its value from $ 140 billion to $ 152 billion by the time of writing, implying an increase of more than 8.57% in just 3 days.

This behavior can be confirmed by observing that most of the more capitalized cryptoactives present a revaluation in their prices, even observing notable cases such as Ripple, Cardano and Komodo with an increase of more than 9% of their price in the recent 24 hours. Even so, it should be noted that among the top 50 most valuable in the market are presenting a devaluation of more than 10% the assets of Ark and Iconomi for today.

It is possible that the market is again reaffirming the upward trend it has presented throughout this year and that it experienced a few setbacks due to the uncertainty generated by the news of the ICO ban and the order to close the exchange offices in China, along with comments from the JP Morgan CEO and other cryptoactive regulation announcements in various parts of the globe.

Now the new market behavior could be due to the continued adoption of Bitcoin, the possible bifurcation of Bitcoin Gold that will bring new digital assets to Bitcoin retainers, the proximity to the major update of Ethereum, as well as the constant announcements of improvements of several cryptoactive.