Bitcoin price set a new record - above $ 23,500

[Arvenisu]

On December 17, the price of the leading cryptocurrency Bitcoin set a new all-time high, crossing the $ 23,500 mark, according to CoinMarketCap data.

The weighted average bitcoin rate reached $ 23,586.91 per unit and set a new record.



In the following hours, the price dropped slightly. At the time of the publication of the news, the cryptocurrency was trading at $ 22,628. Over the past day, the growth was 14.66%.



Recall that at the end of 2017, the Bitcoin price reached an all-time high of $ 20,000, and then began to fall - a year later, the cryptocurrency was trading at $ 4,000.

In early November, for the first time since January 2018, bitcoin crossed the $ 15,000 mark, and at the end of the month - $ 19,000 and rose to $ 19,800, but it failed to overcome the $ 20,000 level.

On December 16, the cryptocurrency finally crossed this mark and continued its growth.



How long it will last is unknown.

According to some experts, such as the co-founder of the Gemini crypto exchange, Tyler Winklevoss, the cryptocurrency has significant growth potential. He believes that in the future, the price of BTC could reach $ 500,000 per coin.

 

[Alanic]

I didn't believe that this would happen, but apparently bitcoin will live and even very well.

 

[John1989]

It's time to invest

 

[JenyPleeson]

There is no surprise for that record. I started trading bitcoin when it had an exchange rate one-to-one ratio. I think that the tremendous increase of bitcoin is related to its demand because all cryptocurrencies are created by its demand. Recently, I have studied demand on bitcoin on Investous and was really surprised by the fact that other cryptocurrencies are rising as well. In other words, there is a chance that bitcoin will not be major crypto on the market anymore. Maybe it is time to switch to something different.

 

[TomHowland14]

Last year, the price of bitcoin set a new historical record, rising above $67,000. For the first time in history, the price of bitcoin surpassed $67,000. Bitcoin is a decentralized cryptocurrency system based on blockchain technology that can be "mined" (emitted) by any user. To do this, it is necessary to create new system blocks. If you decided to earn with bitcoins, as I did, learn more about all the nuances of buying them. And when you have already bought bitcoins, you need to monitor their growth and have time to protect them in time to avoid losing your income. For example, with the help of specialists I know, I learned how to have safe crypto assets.