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Bitcoin surpasses the $ 9,000 limit

This growth sent $ 152 billion worth of all bitcoin currencies into circulation. In the last 24 hours it has increased by 5.19%.

The Black Friday was not white for bitcoin. Virtual currency grew rapidly over the weekend at over $ 9,000.

Bitcoin is currently valued at $ 9,143 according to CoinMarketCap and this is the newest record of the most popular virtual currency in the world.

This growth sent $ 152 billion worth of all bitcoin currencies into circulation. In the last 24 hours it has increased by 5.19%.

Other virtual currencies have also had a stable week where Ethereum and Bitcoin Cash also grew. Ethereum for the first time exceeded $ 400.

The main rival and dominant Bitcoin currency is estimated at $ 137 billion. Although the value of bitcoin is 20 times higher than Ethereum, the latter has a clear advantage in the efficiency of its blockchain.

Ethereum processes almost twice the Bitcoin transactions each day, reducing costs by about 5-6 times.

Although many finance experts are scared of a financial bubble, bitcoin has not yet shown signs that question currency integrity.

On Friday, the Chairman of the Swiss Central Bank issued a statement on cryptographic currencies.

Speaking during an activity in Basel, Tomas Jordan, said central banks are pursuing high-intensity performance and cryptographic currency problems by adding that "they say they are more of an investment than a coin."

Financial technology is rapidly revolutionizing the banking industry, but the digital currency will not replace as fast as paper money, said a senior bank official at the Bank of Japan.

The next bitcoin target is the $ 10,000 barrier. Currently, the combined value of Bitcoin and Bitcoin Cash is over $ 10,000.


In other words, all those who saved Bitcoin Cash generated by the Bitcoin split on August 1st already have in their hands coins worth over 10,000 dollars.

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