Another day, another record…
Bitcoin prices have continued to climb overnight, building on consecutive highs in recent days and ultimately reaching a new all-time high close to $7,000.
At 07:00 UTC, bullish bitcoin trading saw the cryptocurrency soar to a peak of $6,994.01, having opened the session at $6,750. At press time, the price of a bitcoin is $6,939, according to CoinDesk’s Bitcoin Price Index – a 2.8 percent gain for the day so far.
As per CoinMarketCap, bitcoin is up over 20.56 percent for the last 7 days, and its market capitalization has now peaked at over $116 billion.
Elsewhere in the markets, newly created cryptocurrency bitcoin cash is again making significant gains, trading at around $546, having risen 13.63 percent over the last 24 hours, and an astonishing 62.16 percent over the last 7 days.
The combined market cap for all cryptocurrencies is again at record highs, sitting at $188.5 billion at press time.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.
Published at Thu, 02 Nov 2017 08:23:39 +0000