Tuesday, 2 June 2020

Bitcoin wipes coronavirus losses, passes $10,000 again

Bitcoin wipes coronavirus losses, passes $10,000 again

There's a popular meme that shows Bitcoin on a perpetual rollercoaster. It's true: The world's largest cryptocurrency by market cap is a very volatile asset. 

But it's not often that Bitcoin goes up past the  $10,000 mark. On Monday, it happened again, and this time it may carry special significance. 

The price swiftly rose from roughly $9,620 to $10,180 late on Monday according to CoinMarketCap, before settling down at about $10,100. Other cryptocurrencies, including Ethereum and XRP, are in the green as well, with the total value of all cryptocurrencies hovering around the $285 billion mark.  Read more...

More about Bitcoin, Cryptocurrency, Tech, and Cryptocurrency Blockchain

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