Tuesday, November 28, 2017

From $8000 to $10,000 in just four days: Bitcoin price crosses Rubicon on at least one foreign exchange

Nov. 28 is now a red letter day for Bitcoin and the cryptocurrency sphere as on at least one Bitcoin Exchange, the price of the cryto crossed the predicted Rubicon of $10,000 per coin.

The meteoric rise of Bitcoin's latest moves comes as the cryptocurrency went from just under $8000 on Thanksgiving day to over $10,000 just four days later.

The first decentralized peer-to-peer payment system, bitcoin, has broken through the $10,000 mark on South Korea’s Bithumb, one of world’s biggest exchanges for cryptocurrencies. The price of bitcoin this year has jumped more than 10-fold. 
The digital currency is still unrecognized or regarded as an asset by most central banks. It started the year at below $1,000. 
November has been a volatile month for the world's most popular cryptocurrency. Two weeks ago, bitcoin saw it's price drop by 30 percent to $5,500. It has since nearly doubled to over $10,000. – Russia Today

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