The continued rise of the Bitcoin price resulted in going beyond $4000 for the first time since the creation of the crypto currency in January 2009.
The average price of bitcoin on the world exchanges on August 13 reached $4225 at 9:07am world time, and the trades opened at $3917. Further on the price fell slightly to $4162.
A bit earlier, bitcoin set consistent highs after a relatively static period, when the price was about $2700. The lull pointed to the cautious approach of investors in connection with the fork of the crypto currency, as a result of which a new crypto currency, bitcoin cash, was created on August 1.
Fears about the split, many people had about because of possible instability, now seem to be easing, as evidenced by the positive price of btc.
According to CoinMarketCap, the total market capitalization of all crypto-currencies also set another new record, rising to $ 137 billion. This figure is $11 billion. More than the recent high ($ 126 billion).
While bitcoin is experiencing a more than 10% increase in market capitalization over the past 48 hours, some other crypto currencies have increased by more than 20% - including IOTA and NEO, and others by 30% (decent, nexus and binance coin).
Not all crypto-currencies had good indicators though, of which -4% in the etherium, -5,5% for Ripple and -8,2% for bitcoin cash.
BITCOIN 4000 USD IS DONE
Updated: 08/14/2017 10:11
See the analysis of the Bitcoin price after reaching the all time maximum and crossing the mark of 4000 USD per one BTC, learn more of other currencies
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See the analysis of the Bitcoin price after reaching the all time maximum and crossing the mark of 4000 USD per one BTC, learn more of other currencies
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