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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