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Bitcoin: another peak of 4000 US dollars has been conquered

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Bitcoin: another peak of 4000 US dollars has been conquered
August 14
13:00 2017

Another record was beaten by the popular cryptocurrency on Sunday. Yesterday the bitcoin rate exceeded the mark of 4000 US dollars.

A leading portal and expert on cryptocurrencies Coindesk.com reported that during yesterday’s trading, the cost of the bitcoin had reached $ 4,200 per one. By the close of the market, the rate was $ 4,078.08. This is 4.1% higher than the results of the previous day.

It is noteworthy that over the last summer month (traditionally weak in financial markets), the bitcoin has increased in value by 40%, giving the growth rate of more than 280% for the current year.

According to the information from Coinmarketcap.com, at the moment capitalization of the bitcoin is just over $ 67 billion. Reffering to the same source, capitalization of all cryptocurrencies is estimated at 137 billion to date.

The portal MarketWatch explains the growing strength of the bitcoin by the huge demand caused by the conflict between North Korea and the USA.
It is common knowledge that since the beginning of August the bitcoin has been divided into two cryptocurrencies: Bitcoin with a ticker BTC and Bitcoin Cash with BCC and BCH tickers. Yesterday Bitcoin Cash lost 4.3% in value; at the moment its rate is 311 US dollars.

The material was prepared with the participation of Andrey Majorov,
a leading analyst of the brokerage company CT Trade

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