After a really shaky ride and what was referred to as the biggest slum of bitcoin since September last week, bitcoin had so far gone bullish and enjoyed a surge in price throughout this week, even to the extent of breaking the three years old $19,700 price record. Since then till the time of writing this report, bitcoin has maintained the $19k mark.
Monday started off on a good note coming from a rough week where bitcoin lost about $3000, falling deep down as low as $16,500 from an all-time record at $19,000. During the early hours of Monday, bitcoin has managed to pull through, gaining over 2000 to get to $18,565.20.
By late hours of Monday, bitcoin broke the 2017 all-time high of $19,700 to set a new all-time high of $19,850.11.
After Monday’s new record, bitcoin sustained the $19k tempo, however, loses few hundreds of dollars at the course of the week as the price keeps going up and down as usual.
On Tuesday, bitcoin was at
$19,479.79. Same as on Wednesday where it gained about $19,514.96, increasing by over a hundred dollars.
Thursday was full of good news for the bitcoin industry, and developers as a series of funding were rolling in from bitcoin supporters. Some of such funding was the $200,000 Gemini Opportunity Fund by cryptocurrency exchange empire, Gemini, owned by Cameron and Tyler Winklevoss. Also, Kraken Invests $150,000 in Ethereum Projects. Bitcoin maintained the $19k, with $19,375.24 price on Thursday.
Stats and Image from Coin Desk
In the last 24 hours, bitcoin is dropped by 2.0 %, falling from its week long 19k mark, with a current price of $18,933.75 at the time of writing this report. Within 24 hours, bitcoin dropped to $18,885.23 low and $19,607.86 high. The trading volume of bitcoin in the last 24 hours is $24.38B. The current market capitalization of bitcoin is $351.35B. Currently, 18,561,918.75 bitcoins are in circulation.