Bitcoin price broke another all-time high and once again jumped over the $ 37,000 zone to $ 37,400 per coin. The market value of crypto assets is about $ 689 billion at the time of publication, with $ 26 billion in trade volume worldwide. Moreover, the entire crypto economy crossed the trillion dollar mark on Wednesday evening (EST) as well.
- Bitcoin (BTCIt jumped above the $ 37K handle on Wednesday, beating the previous cryptocurrency all-time high (ATH). About 7:04 PM (Eastern Standard Time), BTC ATH touched roughly $ 37,400 per unit.
- Bitcoin has risen 8.5% in the past 24 hours, 27% in the past seven days, 91% for the month, and 235% over the 90-day period. BTC It has also gained more than 350% against the US dollar in the past twelve months.
- In spite of BTCAs the Bitcoin price is so high, Bitcoin’s dominance index is slightly lower. The metric shows that Bitcoin’s market dominance compared to all other crypto assets in existence is around 68.5%, after rising above 70% for a while.
- The bitcoin network hash rate has also increased in the past 24 hours as miners allocate 162 hours per second (EH / s) to BTC network. There are nearly 19 mining pools with a blockchain-oriented hash rate and F2pool tops the pack.
- F2pool’s affiliated pools include operations such as Huobi Pro, Binance Pool, Antpool, and Btc.com.
- Bitcoin Depot CEO Brandon Mintz told news.Bitcoin.com the same BTCScarcity of demand pays. Scarcity BTC Compared to the possibility of printing the dollar, it is likely to attract smart individuals looking to diversify their assets in the event of disruption of the traditional financial system. BTC The supply increases and remains constant, value BTC It will just continue to rise. “
- Meanwhile, like BTC ATH crossed new, digital assets like ETHAnd the over thereAnd the BCHAnd LINK XLM All of them saw gains ranging from 8% to 70%. Ethereum’s market cap, which is around $ 138 billion, is partly to blame BTCDominance proportions decreased by a few.
- Currently, the full market value of all crypto assets over 7,500 is roughly 1,000,395,709,742 according to the exchange data.
For more live cryptocurrency market actions, check out real-time exchange statistics at https://www.youtube.com market.Bitcoin.com.
What do you think about BTCIts latest price ever? Let us know what you think in the comments section below.
Image credits: Shutterstock, Pixabay, Wiki Commons, Bitcoin Wisdom, Markets.Bitcoin.com
DisclaimerThis article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, recommend or endorse any products, services or companies. Bitcoin.com It does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss resulting or alleged to be caused by or in connection with the use or reliance on any content, goods or services mentioned in this article.
