Monday, May 8, 2017

Bitcoin Capitalization Adds On $1 Bln Daily: Industry Leaders Explain Why

Bitcoin Capitalization Adds On $1 Bln Daily: Industry Leaders Explain Why

On Friday, Bitcoin has added over $1 bln to its market cap, repeating the pattern of recent days.

Since the month started, its market cap had risen by an average of $1 bln per day for the past five days according to CoinMarketCap moving from about $21 bln on May 1 to $26 bln on May 5.

Whether this is sustainable would be determined by the market in the coming days. Thus, it falls within the premise of the discussion that the Bitcoin market is still small, its potential is huge and it has a long a way to go in terms of reach and adoption.

Recent comments by some industry insiders support this viewpoint.

Full story at http://bit.ly/2p9eQJX

Tweet This Story

 

 

 

Donation:
If you appreciate the things I share,
consider making a contribution no matter
how small via PayPal. If you use Bitcoin you can
send donations to my Bitcoin Wallet:
12pAsyMdZoTHPvkiRAZiuQhC8bF4DLbYpQ

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.