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Monday, 24 September 06:20 (GMT -05:00)



Foreign exchange market

Bitcoin Gained Over $1000 In a Week. The Uptrend Is Still Underway.


After a couple of monthsof stagnation, the cryptocurrency market seems to start recovering and regaining the lost ground. Over the last couple of weeks, the BTC exchange rate increased by more than 1000 dollars. Otherpopular cryptocurrencies followed. 
 
NordFXreports that Bitcoin is now trading well above 8000 dollars per coin. This means that the market cap of the world's first and most popular cryptocurrency is now above 137 billion dollars and still increasing along with the BTC exchange rate. It's interesting to note that the BTC market share is now around 47%. Over the couple of days, the coin has gained around 5%. 
 
At the same time, despite following Bitcoin at first, some of the other TOP10 digital currencies started going down in value. Only Ethereum, Bitcoin Cash, and Litecoinmanaged to stay in the green zone togetherwith Bitcoin. 

 

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