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Bitcoin Price: The Upsurge Goes On

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Bitcoin Price: The Upsurge Goes On

Post by Vladdirescu on Fri Dec 08, 2017 2:55 am

Bitcoin price broke through the $15,000 threshold as CME’s launch comes closer.

Cryptocurrency is attracting more and more investors, which makes its price go up. The prominent fact is that Bitcoin market cap is now exceeding that of the fiat banking giant, JPMorgan Chase.

Some minor cryptocurrency markets are attracting new investors by increasing premiums. For example, in South Korea, BTC is traded at a rate of over $17,000, which is about $2,000 more than in the global market. Following this example, Ukrainian cryptocurrency exchange btc-trade.com.ua also trades Bitcoin at a rate of $17,064.

These markets are quite small. According to CryptoCompare, a cryptocurrency market data provider, the South Korean cryptocurrency market takes less than seven percent of the global bitcoin market share. The Ukrainian market is also small, though the country has the largest programming talent pool in Eastern Europe, boasting numerous blockchain solutions.

Read more: https://coinidol.com/bitcoin-price-upsurge-goes-on/


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