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Bitcoin price hits $7,000 for the first time

Odeslat LehoJ on Zahraničí - Business

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Bitcoin isn't showing signs of stopping. 


The cryptocurrency hit the price of $7,000 per one bitcoin early on Thursday, just weeks after it surpassed $6,000 for the first time. 


SEE ALSO: How to make sure you don't get swindled in an ICO


The rally has been incredible — after briefly hitting a low of around $3,000 on Sept. 14, Bitcoin has been breaking through all-time-highs. In October, the cryptocurrency's market cap — the value of all bitcoins currently in existence — exceeded $100 billion for the first time. Right now, it's at $117 billion. 


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Image: CoinMarketCap.com

It's tough to pinpoint exactly what has prompted this latest price increase. This week's news that the world's largest futures exchange CME plans to launch Bitcoin futures this year certainly helped.  Read more...

More about Bitcoin, Cryptocurrency, 7000, Business, and Sharing Economy
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