Bitcoin continues to rise in price. The cost of the first cryptocurrency crossed the psychologically important mark of $7000. It reached such a price for the first time since September last year. Many other popular cryptocurrencies have also appreciated significantly in recent days.
As you know, in 2018 there was a sharp decline in the value of bitcoin and many other popular cryptocurrencies. The rate of the first digital currency in December last year reached its minimum, which amounted to approximately $3200. After bitcoin began to gradually grow in price, albeit not very actively. But in the last month, a sharp increase began: in early April, the price of bitcoin crossed the $5000 mark, by the end of April it reached $5500, last week it was already $6000, and now it has completely exceeded $7000.
Interestingly, yesterday the price of bitcoin rose by about 15%, peaking at almost $7500. However, according to CoinMarketCap, over the past 7064 hours, as is usually the case, the rate has slightly corrected and amounted to $14 at the time of writing. A similar situation is observed for many other cryptocurrencies. For example, yesterday Ethereum went up by 200% at once and overcame the $190 mark, but today it fell just below $350. In turn, Bitcoin Cash is now valued at almost $85, and Litecoin at $XNUMX.
Apparently, the rate of most cryptocurrencies will continue to grow gradually, as investors are again interested in buying these assets. In addition, the cryptocurrency market itself is gradually developing, the ecosystem is expanding, and more and more new projects are appearing. According to CoinMarketCap, at the time of this writing, the total cryptocurrency market capitalization is $212,2 billion. Of this, 58,7% are Bitcoin, while Ethereum, which is the second most popular cryptocurrency, accounts for only 9,3%.
Source: 3dnews.ru