Daily Management Review

Bitcoin jumps over $ 15 thousand


12/07/2017


On Thursday, December 7, Bitcoin’s rate updated the maximum, reaching $ 15 thousand. Now the cost of one coin is $ 15,080, according to the data of the Coinmarketcap service.



btckeychain via flickr
btckeychain via flickr
Capitalization of the first crypto currency has exceeded $ 250 billion. For comparison, the current capitalization of Bitcoin is already higher than the market value of the American transnational company Visa ($ 248.9 billion). Note that over the past day, Bitcoin has risen in price by 18%, and over the last seven days its price has increased by more than 40%. Since the beginning of the year, the first crypto currency has grown about 14 times.

On Asian exchanges, the exchange rate ranges from $ 13,900 to $ 17,500 on the Korean exchange Bithumb. Definitely, the index of this exchange has a big impact on the weighted average rate, as on most western stock exchanges Bitcoin continues to trade in the range of $ 13,900-14,600.

Since the beginning of the year, Bitcoin has risen by almost 12 times, and the total capitalization of the market has increased by almost 20 times, reaching a mark of $ 357 billion. Recall that the famous billionaire and Bitcoin investor Mike Novogratz is convinced that the price of the first crypto currency can reach $ 40 thousand by the end of the next of the year.

On October 20, the cost of Bitcoin for the first time exceeded $ 6 thousand, November 2 - $ 7 thousand, November 19 - $ 8 thousand, November 26 - $ 9 thousand, and November 29 - $ 11 thousand. Yesterday afternoon, the rate for the first time overcame the level of $ 13 thousand, but growth continued, and within a few hours the following frontier was conquered: $ 14 thousand.

Against the background of such a rapid take-off, total capitalization of the crypto-currency market is also growing, which exceeded the $ 400 billion bln.

source: coinmarketcap.com






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