free page hit counter


Bitcoin markets have seen a lot of action this weekend as the crypto asset price hit a new all-time high (ATH) of $ 28,378 per coin. By the end of 2020, the cryptocurrency’s market cap has surpassed a whopping half of a trillion US dollars in value.

The leading cryptocurrency based on market valuation, bitcoin (BTC), has increased in value enormously in recent days. At the time of publication, the asset trades between $ 27,250 and $ 27,750 each BTC on Sunday mornings (8-9: 30 a.m. EST).

A few days ago, on December 24, BTC traded at $ 23,796 per unit meaning it gained more than 14% in the last three days. Data from markets.Bitcoin.com show that the BTC dominance index has surpassed 70% trading with total market cap of $ 510 billion today.

Bitcoin All-Time Price High Surpasses $ 28K, BTC's Half-Trillion Market Cap Now Larger Than Visa

There are approximately 18,582,450 BTC in circulation today and for the past 24 hours, bitcoin (BTC) has seen a global trade volume of $ 21 billion. The stablecoin necklace (USDT) is still the dominant pair against BTC 56% of all transactions on Sundays. This is followed by trading pairs such as the USD (15.22%), JPY (8.08%), EUR (5.13%), KRW (3.52%).

For the past seven days BTC is up 16.4% and 59.12% over the past month. 90 days of statistics BTC gained 155%, showing 12-month data against the USD BTC is up 272% today.

With today’s exchange rate BTCThe current difficulty and electricity costs of about $ 0.06 per kilowatt hour (kWh) show that miners are benefiting significantly in this price range. Statistics show that today’s best mining rig is the Bitmain Antminer S19 Pro (110TH / s), which rakes in $ 15.37 per day.

The S19 Pro is followed by the Microbt Whatsminer M30S ++ ($ 15.18 / day), MicroBT Whatsminer M30S + ($ 12.69 / day), Bitmain Antminer S19 95TH / s model ($ 12.00 / day) and the Canaan Avalonminer 1246 ($ 10.38 / day).

Bitcoin All-Time Price High Surpasses $ 28K, BTC's Half-Trillion Market Cap Now Larger Than Visa

Currently the hashrate of the Bitcoin network 136 exahash per second, and there are a total of 18 pools that use the BTC chain. The top five BTC mining pools include F2pool, Binance Pool, Antpool, Btc.com and Viabtc. F2pool commands 20% of the hashrate or 26.32 EH / s on December 27, 2020.

Bitcoin has also seen a lot of interest in recent weeks Google trend data shows that the term “bitcoin” has a rating of 96 out of 100. The term and topic “bitcoin” is also quite popular on Twitter on Sunday mornings with over 225,000 tweets about the crypto assets.

Many people have discussed how BTC outperformed Visa’s market cap and is steadily gaining over Berkshire Hathaway. In fact, bitcoins (BTC) overall rating makes it the 11th Most Valuable Global Asset, in contrast to the top ten companies worldwide.

Bitcoin’s market cap is now over $ 510 billion. That puts it just below Warren Buffett’s Berkshire Hathaway, the 10th largest company in the world, ”one person tweeted on Sunday.

What do you think of bitcoins (BTCrecent price performance? Let us know what you think about this topic in the comments below.

Tags in this story

$ 28378, Always high, ATH, Berkshire Hathaway, Bitcoin (BTC), BTC, capitalization, Google trends, Hashrate, Market capitalization, Market update, markets and prices, Mining Profits, mining installations, Performance, Spot markets, trading volume, Twitter trends, VISA

Image Credits: Shutterstock, Pixabay, Wiki Commons, Assetdash.com, Bitcoin Wisdom, Bitstamp BTC / USD,

Disclaimer: This article is for informational purposes only. It is not a direct offer or invitation to an offer to buy or sell, or a recommendation or endorsement of products, services, or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *