Bitcoin reaches historic high at Segwit blocking days

With less than 500 blocks for the total activation of the Segwit protocol, which could take an estimated time of about four days, the Bitcoin quotation marks a new historic high to overcome the barrier of $ 3,300 for the first time since its entry into operation .

In the last hours the main cryptomoneda of the market left behind the reference of $ 3,100 in just a few hours, after starting the month of August with ample support after dissipating the doubts around the bifurcation of its network. In this short period, BTC has already set a new historical record (ATH), reaching $ 3,250 after an appreciation of more than 14% (observed at the time of writing) that influences the climate and behavior of other cryptoactives.

Ethereum, for example, follows a trend of more than 11% to $ 248 or $ 0.07574100 per unit, at a stable market capitalization level of $ 23.34 billion. In this line, Bitcoin is powered with $ 53,594.95 million in estimated value, which allow a dominance position of 48% over the rest of the market.

Btc ath before segwit
The upward curve of Bitcoin towards its current historical maximum (Coinmarketcap)
In the previous weeks, the main electronic currency experienced strong ups and downs to the fears and doubts accumulated by the imminent arrival of August 1, a date marked for the potential hardfork of the network, which gave rise to the appearance of the active Bitcoin Cash. The latter experienced a significant correction at the end of the week, after a steady decline that has led to its current level of $ 225, after recording numerous sales.

However, it remains in the fourth place in the ranking according to volume of capitalization, conversing an estimated value of more than 3.7 billion dollars, with transactions over $ 153 million registered in the day through exchange houses as Bittrex, HitBTC and Bitfinex.

This places it below Ripple, with slightly more than half its market value, but on Litecoin, the first cryptoneon to successfully apply Segwit, which is currently valued at about $ 2.4 billion.

Following approval of more than 95% of the mining pools, Segwit virtually succeeded in avoiding a network bifurcation that could have come about through the activation of UASF (BIP148).

After solving this dilemma that aroused great expectation among all the players of the blockchain ecosystem in recent times, the valuation of the market has improved significantly and is currently around 112 billion dollars by combining the value of electronic and other currencies Assets in circulation.

Read more: https://criptonoticias.com/mercados/bitcoin-alcanza-maximo-historico-bloqueo-segwit/#ixzz4p0tsNaTr
Follow us: @CryptoNews on Twitter | CryptoNoticias on Facebook
@Carlos25554