Bitcoin Breaks $6,000 Barrier, Market Cap Now Exceeds $100 Billion

in #bitcoin7 years ago

From Cointelegraph


Bitfinex, the highest volume BTC/USD exchange, broke the $6,000 barrier earlier today and has now been joined by all other major exchanges. At press time, the price of Bitcoin had reached $6,041 according to Coinmarketcap.com, causing its market capitalization to exceed $100 bln for the first time ever.

What’s news got to do with it?
The latest surge comes after a week of consolidation over the $5,000 mark, despite the comments of naysayers like Jamie Dimon and the president of Brazil’s central bank. In the last month, China banned ICOs and Bitcoin exchanges, South Korea banned ICOs, the US SEC stepped up scrutiny of ICOs, and the CEO of Chase Bank has been unable to keep his mouth shut.

None of it matters.

For years, Bitcoin has been called “the honey badger of money,” and “antifragile.” The “Bitcoin don’t care” meme is perhaps most applicable of all right now. Bitcoin simply doesn’t care what China does, or what bank CEOs say, or what central bankers think. The only thing Bitcoin cares about, apparently, is increasing in price and adoption.

Can’t hold it back

Read more: https://cointelegraph.com/news/bitcoin-breaks-6000-barrier-market-cap-now-exceeds-100-billion

Chugga chugga chug chug... Choo choo! This train is headed to $10K in 2017!

Leave your thoughts in the comments below.


Follow @contentjunkie to stay up to date on more great posts like this one.

Sort:  

I still can't believe it's already at $6000 considering it broke $5000 not too long ago!

Your post r very good and show a good effort. So I appreciate your working. It may inspaire many other. Like it inspires me.I have blog regarding fun elements, can you plz do a visit to my post. And upvote them which u like and if u like the content then plz do follow me friend. Actually I need your support .

are you good on making people's mind to click on a link
something like affiliating.
than this post is for you(with payment proof)
you can earn 0.04$ for per click
100 clicks 100*0.04=4$(minimum payment 1$ via btc, perfect money, paypal etc)
click on below link than
click on affiliate program and than click register.
before working fully read their terms and condition.
link- https://www.bestchange.com/?p=167006

This wonderful post has received a bellyrub 18.94 % upvote from @bellyrub thanks to this cool cat: @contentjunkie. My pops @zeartul is one of your top steemit witness, if you like my bellyrubs please go vote for him, if you love what he is doing vote for this comment as well.

This post has received a 16.18 % upvote from @booster thanks to: @contentjunkie.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63811.18
ETH 2610.29
USDT 1.00
SBD 2.83