Bitcoin Price Invades Space: $7000 is on the Door-Step
Bitcoin price surge will not stop with almost 10% gain in the last 24-hours. Will the pair close on the $7000 too?
Bitcoin’s Rocket is Not Stopping
Bitcoin is making its holders very happy.
Since Oct 29 when Bitcoin value per token dropped to $5778.28, the bulls have taken control of the market and hoisted the price up with no pause even today. In a matter of three days, the pair BTC/USD has gained around $1.3k with its trading volume spiking up to $3.5 billion.
For the moment it is trading at $6993.5 with a market cap at $116 billion market capitalization setting stone on its position as a leader with the new all-time high record market cap.
The predictions by many analysts and bitcoin supporters that we read about everyday that BTC price may very soon reach the major $10,000 could be coming true. It being used as a saving asset and not transaction and exchanging currency is staying true to its name – ‘The Golden Virtual Coin’.