Bitcoin Price Breaks $2,860; Segwit Upgrade Finalized Securely

Bitcoin price has surpassed the $2,800 mark on July 22, as the market, investors and traders gained confidence in bitcoin and its ability to scale.

Bobby Lee, the CEO of leading Chinese bitcoin exchange BTCC, revealed that over 95 percent of blocks mined by major mining pools including Antpool, Bitfury, F2Poo, ViaBTC and Slush Pool have all signaled for the activation of the Bitcoin Core development team’s transaction malleability fix and scaling solution Segregated Witness (Segwit).

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