Bitcoin Breaks Past $70 Billion Market Cap

Bitcoin has a market cap of over $70 Billion. That’s almost 1% of Gold’s market cap. Not too shabby for a technology that is more useful as a currency and an easier way to store value.

Goldman Sachs gave five reasons why it thinks bitcoin is ‘not an asset class’ nor ‘a suitable investment’ in a presentation.

15/08/2017  · The total crypto currency market cap has ballooned to $140 billion, with bitcoin now conferring to a larger chunk of that pie at $70 billion (more than 50% at the time.

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BOOM IT HAPPENED!!!! HUGE BUY SIGNAL AS BITCOIN BREAKS OUT TO THIS SPECIFIC PRICE NEXT WEEK!!!The price of Bitcoin fell from $9,800 to $9,200, and it was most likely caused by five key factors. The price of Bitcoin (BTC.

Bitcoin price is looking to retake the key psychological level at $10,000, which may now propel BTC to multi-year highs.

Bitcoin Whales Of Vancouver 06/11/2019  · So-called “bitcoin whales” appear to have a considerable influence on the cryptocurrency market, according to a new report. At the same time, whales are a dying breed. The founder of crypto watchdog Whale Alert explains why. It’s fair to say that bitcoin whales have a reputation for running the show when it comes to
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27/09/2017  · Bitcoin cash, meanwhile, declined close to 1% for the day, reducing its price to $450 and market cap to $7.5 billion. The litecoin price rose another 3%, while 6th-place Dash held steady at $342. NEM added 2% to its market cap, which now sits just above the $2.1 billion.

Bitcoin price looks shaky after dropping below $9.3K support but still remains in a general uptrend since March even if.

Bitcoinist reported, the Fed decided to inject the financial market with $63.5 billion. Yesterday, they added another $70.1 billion in an intervention via Repos (repurchase agreements). The banks supposedly offered collaterals in the form of mortgage securities ($15.2 billion) and treasuries ($54.9 billion).

Multiple crypto analysts have noted that a few factors that suggest this Bitcoin upswing will be short-lived due to a few.