Monday 20 November 2017

The bitcoin already exceeds $8,000

The cost of the bitcoin continued upwards and apparently nothing could stop it. The cryptocurrency has reached a new psychological level - $8,000 per number and rose momentarily to $8,300.
More and more experts are starting to think that the bitcoin is heading for the $10,000 psychological limit, and nothing can stop it on his way. The question that fewer ask, however, is - What will happen if and when the bitcoin reaches this limit?
Thus, the market capitalization of the bitcoin is approaching 140 billion dollars, and the total of all the cryptocurrencies is now about 240 billion dollars.
Bitcoin's dominance in the world of cryptocurrencies also increased over the past few days, reaching over 56% after the strong appreciation of bitcoin cash contributed to a violation of that domination.
Bitcoin cash went down to its peak last week and traded at about $1,200, or about 50% below its highest price.
While appreciating of the bitcoin cash of over four hundred percent for about a week was "staggering," according to many experts, yet many people are not aware that the bitcoin cash and bitcoin are two different things.


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