Today, the bitcoin rate has grown significantly again and even managed to overcome the psychologically important mark of $6000 for some time. The main cryptocurrency reached such a price for the first time since November last year, continuing the trend for steady growth taken from the beginning of the year.
In today's trading, the cost of one bitcoin reached $6012, which means a daily increase of 4,5% and 60% since the beginning of the year. True, a little later, the rate rolled back a little, and at the time of writing the news, bitcoin is trading for $5920.
As Naeem Aslam, chief market analyst at Think Markets UK, commented on the situation, demand for cryptocurrency is growing along with the course. The number of buyers exceeds the number of sellers, which gives a positive impetus to the entire market. At the same time, the analyst puts forward a positive forecast for the next period, assessing the current situation on the market as clearly bullish: βIf we have already consolidated above $5000, now I expect $8000, and maybe we will see a rise to $10.β
However, as always, passions around bitcoin do not subside. Just yesterday, the 2001 Nobel Laureate in Economics, Joseph Stiglitz, on CNBC, he spoke out in favor of a ban on cryptocurrencies, as their anonymous nature contributes to the violation of the law. In addition, Stiglitz is known for the fact that in July last year he promised a drop in the value of bitcoin to $100 within ten years.
It is worth noting that, along with bitcoin, the cost of the second cryptocurrency in terms of capitalization, Ethereum, has also grown significantly today. During the day, the price of this asset rose by more than 10% - from $167 to $180, although now the rate has rolled back somewhat. However, the vast majority of cryptocurrencies are traded in the green zone today.
As a result, the cryptocurrency market capitalization reached $186 billion, which is $61 billion higher than the capitalization at the beginning of the year.