Bitcoin price surge

Banking Frontiers - - News / Blockchain -

Bitcoin price is ris­ing, touch­ing $4,700, which is an all-time high. In­vestors are queu­ing up to buy the digital as­set, even at these lofty prices. The price of bitcoin surged to this all-new high af­ter break­ing through $4,000 for the first time ear­lier in Au­gust and then trad­ing range-bound for a few weeks. As the price reached this all-time high, it has reg­is­tered nearly 400% in­crease in 2017. The to­tal mar­ket cap­i­tal­iza­tion of the crypto mar­ket too has climbed more than twice as much, pushing higher as in­vestors con­tinue to pour money into the broader as­set class.

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