Bitcoin crossed all the previous records and reached $6000 for the very first time. The market value of BTC has reached to about $6,003.81 thus overcoming the last set record which was $5,856.10 on October 13 as the highest value in its time.
BPI data is reported to show that bitcoin has crossed $200 in the past hour. Markers showed an average price of $5,697 prior to the ramp. The price of BTC is trading around $5,968 at the press time.
Exchanges are currently reporting a price over $6000 which includes Bitfinex and Bithumb which are the two largest exchanges in the world by volume.
For this week, BTC is up for 30 percent increase.
Other cryptocurrencies are also seeing remarkable improvements in their market.
Today’s move has increased the market capitalization up to $100 Billion, according to BPI, bitcoin’s market cap is roughly estimated to be 99.5 Billion, thus showing that the market rate of cryptocurrencies is increasing day by day.