Wednesday, August 30, 2017

Bitcoin Price Hits New All-Time High, Industry Expects $5000

Bitcoin Price Hits New All-Time High, Industry Expects $5000


Bitcoin has reached a new all-time high of $4580 as prices shoot up a further six percent in 24 hours.

Data from Coinmarketcap shows averaged exchange trading values at $4576 as of press time Tuesday, a clear $130 higher than the previous all-time high on Aug. 15.

Reacting to the news, industry commentators were quick to praise previous bullish price forecasts from figures such as John McAfee and Max Keiser, who are confident $5000 per coin is an imminent occurrence.

There’s been similar action for Ethereum (ETH), which has grown upwards to challenge its own previous highs this week. Meanwhile, Litecoin is also charting new territory, capping 1400 percent yearly gains.


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


Source: CoinTelegraph


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