Bitcoin prices continues to rise as, claiming yet another new record for the 2nd consecutive day in November
Benjamin Tan 2 Nov, 2017
Bitcoin prices have surged tremendously in the last 48 hours, breaking new highs and achieving an all-time price of around $7,000.
At 07:00 UTC, Bitcoin leaped to a height of $6,994.01, having just started trading at $6,750. At the moment, Bitcoin is priced at $7,048, gaining over 7.82% in the last 24 hours.
According to CoinMarketCap, Bitcoin is bullish for the closing 7 days, with a 20.56% increase , and its market capitalization has now crossed $117 billion.
Also, Bitcoin Cash, a new cryptocurrency created in a fork with Bitcoin, is making huge gains, currently priced at $595, up 21.2% over the last 24 hours.
The total market cap for all cryptocurrencies is also at a record high, sitting at $189.6 billion at press time.