$5,220: Bitcoin Price Hits New Record, Lifts Crypto Market Cap to $160 Billion

in #bitcoin7 years ago

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The bitcoin price soared past $5,200 on Thursday to set a new all-time high and silence once and for all claims that China’s initial coin offering and bitcoin exchange ban would send the markets into a death spiral. The majority of other cryptocurrencies experienced moderate rallies, raising the total cryptocurrency market cap above $160 billion for the first time since September 8.

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