Bitcoin Climbs Past $8,000 – November 20th Cryptocurrency News

For more information on Bitcoin Gold: https://bitcoingold.org/premine-endowment/

Bitcoin hit another record high climbing past $8,000, so let’s take a closer look. We saw it fall below $6,000 on Sunday November 12th but since then it has been surging again. It has a market cap of over $133 billion. The total cryptocurrency market cap is at an all-time high of over $239/240 billion. Bitcoin dominates more than 56% of the market. Sentiment continues to improve. CME one of the world’s largest exchanges will start offering bitcoin futures next month. Apparently, Goldman Sachs Group and Citigroup are currently conducting some research into cryptocurrencies and its underlying blockchain technology, which seems to interest Wall Street chiefs the most.

Ethereum, the second largest cryptocurrency with a market cap of over $34 billion is finally starting to show some more interesting movement as it climbed past $360 on Sunday. Bitcoin Cash remains strong with a market cap of over $20 billion so do you think it has the potential to catch up with Ethereum and jump into second place? We saw the price of Bitcoin Cash skyrocket on November 12th before falling lower and it currently remains around $1195.

And let’s take a quick look at some other news. Tallinn-based start-up Freewallet is the first to release a bitcoin gold wallet. It has already developed more than 20 crypto wallet apps for various coins and tokens. It is the second bitcoin chain split that Freewallet has supported. On November 18th the team behind bitcoin gold posted an article to provide some clarity about the origins of the Bitcoin Gold blockchain, stating that the premine was more of a post-mine rather than a actually premine. I have included the link of the article in the description below if you would like to take a closer look at the details.

Bitcoin Climbs Past $8,000 – November 20th Cryptocurrency News

Related Post:

About The Author

Kane Dane