Bitcoin Crosses $8,000 To Reach A New All-Time High
Well, the price of Bitcoin has seen a massive growth this year. According to the reports from Coindesk, the price of Bitcoin jumped to $8,101 at around 20:00 UTC on Sunday. Right now the price of Bitcoin is trading a little below $8,000.
Well, a previous month we have seen Bitcoin, the digital currency, suffered a significant fall. Almost 40% in just two weeks, from about $5,000 to around $3,000. However, this month we have also seen Bitcoin beating its historical record above the $5,200.
The reason why we are talking about Bitcoin is that according to the reports from Coindesk, the price of Bitcoin jumped to $8,101 at around 20:00 UTC on Sunday. Right now the price of Bitcoin is trading a little below $8,000.
Well, the price of Bitcoin has seen a massive growth this year. The price has risen more than 700% this year. Right now the current market share of Bitcoin is about 56% which is followed by Ethereum’s 14.5% share.
The price of this well-known cryptocurrency has increased 700% since the beginning of the year. These were the levels, as TechCrunch recalls:-
- May 20 : US $ 2000
- August 4 : US $ 3000
- August 12 : US $ 4000
- October 12 : US $ 5000
- October 20 : US $ 6000
- November 2 : US $ 7000
Well, Cryptocurrencies are extremely volatile, so these reports are risky and exaggerated. Cryptocurrencies are no stranger to fluctuations in prices. So, what do you think about this?
Click here : News By
Click here : AUTHOR Amarnath Chakraborty
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