Bitcoin Crosses $10,000 To Reach A New All-Time High
Bitcoin Crosses $10,000 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 $10,000 recently on Tuesday. Right now the price of Bitcoin is trading a little below $10,000.

Bitcoin Crosses $10,000 To Reach A New All-Time High

Bitcoin’s price has been hitting record highs. It has been less than 48 hours since we reported that the popular cryptocurrency Bitcoin had surpassed the $ 9,000 mark. Earlier this morning, a single BTC (Bitcoin) was priced at $10,000.

As there are just over 16.7 million bitcoins issued, and the market value of this popular cryptocurrency Bitcoin reaches the US $168 billion, equivalent to more than Rs.10 trillion. This is more than twice the total real in circulation in the country.

This popular crypto-currency, Bitcoin more than tripled in three months; in August, a bitcoin was worth $3,000. Since the beginning of 2017, when the currency was quoted at less than a thousand dollars, the accumulated valuation is about 900%.

Other virtual currencies are also breaking records, such as the Ethereum-based ether, which had its price multiplied 58 times in 2017 from $8 to $470. In addition, the more than 1,000 crypto coins represent a US market value $308 billion, equivalent to more than Rs.19 trillion.

So, what do you think about this? Simply share your views and thoughts in the comment section below.


Please enter your comment!
Please enter your name here