BITCOIN RATE EXCEEDED 10K USD

Updated: 11/28/2017 12:52
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bitcoin above 10k
Bitcoin rate crossed the mark of 10K dollars according to Coinmarketcap, the market capitalization of the crypto currency reached 167.5 billion dollars
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Bitcoin rate crossed the mark of 10K dollars according to Coinmarketcap, the market capitalization of the crypto currency reached 167.5 billion dollars

By the time of publishing the news, according to the data of Coinmarketcap bitcoin is rated at $10095. This is an absolute record for the crypto currency.

In early November, the bitcoin rate exceeded 7 thousand dollars, in the middle - 8 thousand. Over the last weekend, bitcoin has risen in price by almost 2 thousand dollars.

As experts explain, one of the main reasons for bitcoin price growth is the increase in the number of institutional investors interested in crypto currency. Heads of the largest financial companies on Wall Street and venture companies began to assess the possibility of investment in the crypto currency. It is expected that the Chicago exchange CME in December will launch futures, the core asset for which will be bitcoin. This will make bitcoin an absolutely legal investment tool in the US - will give large funds a formal right to invest in crypto-currencies.

According to Thomas Glucksmann, Head of Marketing at the Gatecoin crypto exchange, the psychological mark of $ 10000 will attract the attention of even more institutional investors.

There is also growing interest in crypto currency among ordinary Internet users. The number of users of the most popular crypto exchange Coinbase from Wednesday to Sunday increased by almost 300 thousand people - up to 13.3 million users. The large demand leads to the fact that the bitcoin rate is growing.


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