mgibson Blog Banner

mgibson

Bitcoin bounces back again and touches $16000 level

After touching $20000 level a massive slump down has been seen in Bitcoin last week. It was a great history that Bitcoin were trading at that level. But due to huge growth in Bitcoin value, investors became worried thinking that it was a bubble which made them to feel unsecured and that’s why an enormous fall down in Bitcoin value has been seen last week.

https://steemitimages.com/DQmdSM9eo8fRVRWyP1niQup233Ln7xTB3hLKmj6Kj9K8DP7/coinmarketcapchart.png

This snapshot taken from Coinmarketcap.com


However, Bitcoin started growing again this week and is currently trading at around $16000, according to Coinmarketcap. In spite of fears of bitcoin bubble, the market regained again. 

Bitcoin Market Cap : $261,525,924,818 USD, 16,765,987 BTC

Bitcoin Volume (24h ) : $11,873,000,000 USD, 776,539 BTC

Bitcoin Circulating Supply : 16,765,987 BTC

Bitcoin Max Supply : 21,000,000 BTC

The above data is just taken few minutes ago, so it is subject to change

Article source

Follow me



Return from to mgibson's Web3 Blog

Bitcoin bounces back again and touches $16000 level was published on and last updated on 27 Dec 2017.