Bitcoin hits 3500 on the exchanges !steemCreated with Sketch.

in #bitcoin7 years ago (edited)

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The price of bitcoin continues to climb to new highs, reaching an average of $3,525 across global exchanges today, according to the CoinDesk Bitcoin Price Index.

All told, the price of bitcoin has now climbed 250% since the start of the year, rising from just under $1,000 on January first to its all-time high today.

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Year-over-year, the price gains are even more impressive, with bitcoin increasing nearly 600%. The price of bitcoin on August 8, 2016, was roughly $595, according to BPI data.

Whether bitcoin will push higher, however, remains to be seen, as the price did encounter some resistance, later declining to $3,458. The day's opening price was $3,431.

The price surge also coincides with a new all-time high in the wider cryptocurrency markets, as the value of all publicly traded cryptographic assets rose above $120 billion for the first time, up from $116 billion yesterday.

Overall, it appears bitcoin was responsible for much of the upward movement. Data from CoinMarketCap shows the market cap of bitcoin hit $56.8 billion today, up from around $53 billion yesterday.

Other cryptocurrencies have been performing well alongside bitcoin, however, with just two of the top-10 cryptocurrencies (Ripple and Neo) showing 24-hour declines at press time.

Original Article found here ! Such an exciting time to be in crypto

https://www.coindesk.com/3500-bitcoin-price-sets-another-new-time-high/

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Please dont copy and paste from already written news...use your own words :) enjoy your day

yeah and he didn t even add the source .

ahhh yeah, yeah i did :/

@getpaidlikemike,I removed the flag,please dont just copy and paste words from others hard work

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