The price of Bitcoin recently dove to US$3,824 and subsequently picked back up to reach a high of US$4,480. At the time of this post, the price sits at around US$4,294. Bitcoin has been fairly volatile lately due to the recent all-time highs, and the market is at a crossroads in regard to its next move.
We have seen the largest increase in market capitalization yet, with one Bitcoin pricing in at over US$4,000 in recent days and the current market capitalization hovering at around US$68 billion. In August 2013, roughly four years after the inception of Bitcoin, the market cap was at approximately US$1.3 billion and the price of one Bitcoin was a measly US$111.70.
Many respectable people in the Bitcoin industry or even outside of the industry have recently speculated that BTC might go to US$500,000. Another has speculated US$7,500 by this year’s end, which is more realistic in my opinion. I do personally speculate that Bitcoin can reach 5 digit pricing in the near future.
Key Points:
Source: Bitstamp.com
Source: Coinmarketcap
Source: Tradingview.com
Bitcoin pricing sponsored by Denarius [DNR]. More information at https://denarius.io. This is not investment / trade advice. Always do your own independent research.
Something just shifted again on the Bitcoin network, and it’s one of those things miners…
Something interesting is quietly happening in the market again, and it’s coming from a name…
At a glance, XRP’s price hasn’t done much lately. It’s been moving sideways, not giving…
At the latest “SEC Speaks in 2026” event, the U.S. Securities and Exchange Commission made…
Morgan Stanley is edging further into the crypto space after filing a second amended S-1…
Ethereum co-founder Vitalik Buterin is once again stirring conversation across the crypto space, this time…