Bitcoin's price breaks records, yet again

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Bitcoin is still on a major upswing. 

The price of the cryptocurrency broke $1,500 this week — a huge milestone for bitcoin and other cryptocurrencies. 

The $1,500 price put the total value of the cryptocurrency market above $40 billion, MarketWatch reported

Bitcoin started off 2017 trading just above $1,000, which was its first time reaching that mark in three years. Then in February, the digital currency exceeded its $1,165 record price set in 2014. 

Last week, bitcoin rose above $1,400, an all-time high. And now it's above $1,500 — at $1,534 on Saturday afternoon, to be exact. 

It could all come crashing down again — in early 2017, bitcoin's swing above $1,000 was short-lived.  Read more...

More about Digital Currency, Cryptocurrency, Bitcoin, and Business

COntributer : Mashable http://ift.tt/2qDI7wq

Bitcoin's price breaks records, yet again Bitcoin's price breaks records, yet again Reviewed by mimisabreena on Sunday, May 07, 2017 Rating: 5

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