The last 24 hours have seen extreme market volatility which has now pushed the market capitalization of cyptocurrencies to below the $1 trillion mark for the first time since January 2021.
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Bitcoin has finally become worth more than $20,000. The cryptocurrency has been lingering in the $19,000 price range for a while now. The price rise could boost people's interest in the asset.
Following a $3,000 crash last week, bitcoin has recovered and is now in touching distance of $20,000. Bullish observers think bitcoin will continue to aim for highs above $20,000 in the future.
The price of Bitcoin took a big hit earlier today when the price declined by around $3,000. The price is still higher than earlier this month but it could mark the start of a bigger decline.
The price of bitcoin has reached $15,000 for the first time since 2018. It comes as the US presidential race comes down to the wire with ballots being counted in a handful of crucial states.
After a turbulent few months, bitcoin has finally bucked the downward price trend by managing get above $10,200 on Thursday. Those bullish on bitcoin say that it's in for a very good year in 2018.