Bitcoin price surge
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.