Bitcoin breaks $3,000 to reach new all-time high

in #cryptocurrency7 years ago

Bitcoin has reached a record high valuation of $3,000 per coin to complete a rollercoaster week that begin with the long-awaited split of the cryptocurrency.

A number of exchanges, including popular destinations Coinbase and Kraken, valued a single bitcoin at over $3,000, an all-time high that is up $485 on the valuation one month ago. Earlier this year, Bitcoin surged to surpass $2,000 for the first time in May going on to almost reach $3,000 in June only for the valuation to crash.

Bcash duplicated the original bitcoin blockchain, meaning that anyone holding BTC was entitled to Bcash, too. However, not all exchanges -- including Coinbase -- supported the forked currency from day one. That led to droves of customers apparently taking their coins out of Coinbase, and even threats of legal action, which ultimately prompted Coinbase to change its mind and pledge to support Bcash withdrawals from customers by January 1. Although it hasn't committed to trading at this point.

Thank you for reading and if you’re willing to donate to help me out that would be amazing too!
Bitcoin: 1Tybeu8zKGMKUMKKgt3bNcowybpmA4PnH
Etherium: 0x6244DD89Fc5C73C8E165990f760034aaC80A94A2
Litecoin: LgRRGesDZNp4HD1SyzJPA9gAE6xtGcRFAP

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Reference
https://www.yahoo.com/news/bitcoin-breaks-3-000-reach-215909428.html

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