Bitcoin Price Eyes $4,000 as Markets Soar Past $130 Billion
Both the bitcoin price and the total value of all cryptocurrencies reached record highs on Saturday amid fears that the war of words between the United States and North Korea will escalate into a full-scale military conflict.
The bitcoin price continues to advance toward $4,000, confirming a June prediction by a Goldman Sachs analyst that it would near that mark during its current wave. On August 12, the bitcoin price extended past $3,800 for the first time. It peaked at $3,819 before receding to a present value of $3,750. This represents a daily gain of more than 6%, giving bitcoin a market cap of $61.9 billion.
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