$ 1,226.67 6.36%
$ 41.99 8.97%
$ 0.068487 4.66%
$ 4.61 3.28%
$ 21,402.00 1.91%
$ 238.07 2.55%

Bitcoin is back $4,000, Ethereum and Ripple following suit

bitcoin hits 4000 mark again

Bitcoin’s (BTC) price has been increasing the last 2 days along with the Ethereum (ETH) and Ripple (XRP) along with the rest of the top ten crypto tokens. Bitcoin alone has risen by almost $6 billion in market cap over the last day.

Another important fact is that the token’s price has risen over $4000 for the second time. Initially at the beginning of the year and crashed shortly after. Although critics and experts were predicting a bright future for Bitcoin, nobody saw this one coming.

Bitcoin rose several dollars in minutes to break through against the long-lasting bears. Similarly, other tokens followed suits as Ethereum gained around $3 billion while Ripple gained $1 billion.

This significant upgrade was a result of the increasing interest the people have developed in blockchain and digital assets. Various analytics showed statistics that confirmed that Bitcoin has been gaining mainstream since 2018 that concludes that there will be long greens starting at some point.

Another important milestone achieved in 2018 was that the token had more transactions than PayPal. Yet, another important point that needs attention is that these recent rises prove that the cryptocurrencies were not some timely craze but are here to stay and will play an import role in the future.

Moreover, it adds to the prediction that Bitcoin will be remaining at the top for a long time. The fact that various investors and exchanges are utilizing its lightning network adds to the point that Bitcoin is the most rapidly developing Cryptocurrency and Blockchain that is still making its mark.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

Related News

Hot Stories

Crypto News Alert – A New Meme Coin That Will Process 50,000 Transactions Per Second
Cryptocurrency Investments To Make in a Bearish Market - Shiba Inu (SHIB), Dogecoin (DOGE), and RoboApe (RBA)
ISO 20022 compliant crypto-list
Shiba Inu price analysis: SHIB expected to stay bullish for the next 24 hours
Bitcoin price analysis: Seller exhaustion makes BTC/USD knock at $21k resistance

Follow Us

Industry News

Coinbase to launch Nano BTC features aimed at retail traders on June 27
Namibian University will offer master's degree in blockchain technology soon
Uphold announces restriction of Venezuelan users
BAYC caught in a public opinion storm over Nazi club NFT racism
ISO 20022 compliant crypto-list