One of the largest cryptocurrency, Bitcoin (BTC) just broke yet another exciting price level. On early morning June 26, 2019, the price of BTC tops over $12700 by witnessing a fresh 15 months high.
At the time of writing, Bitcoin’s price has scored an All Time High (ATH) of the year 2019. It is currently soaring $13.84 percent within just 24 hours by marking the trading value $12,793.25 against US Dollar. In addition, its trading volume is also blooming with $227,477,059,086.
Just to remind, Bitcoin began its rise of $10k on June 22 – in fact, at the end of the day on June 22 alone, it broke out yet another level of $11k which further declined a bit and began trading within the value range of $10k – $11k. Today’s price appears as remarkable growth for Bitcoin in the month of June – because, within only one month, BTC jumped from $9000 ( June 16) to $12000 (June 26).
Along with Bitcoin, altcoins on Coinmarketcap pops up with positive mark – consequently, the second largest cryptocurrency, Ethereum (ETH) is surging with 6.27%, while XRP makes a move of 2.57%, Bitcoin Cash (BCH) with 2.61%, Litecoin (LTC) with 0.87%, EOS with 1.22% over the past 24 hours respectively.
According to data from coinmarketcap, Bitcoin’s highest trading volume is available at Binance exchange with the pair of USDT and trading volume being $848,817,917. Other top exchanges with BTC’s major trading volume are BW.com, IEX, Bit-Z, Huobi Global, DigiFinex, BitForex, OKEx, LBank, and IDAX. In addition, its worth to note that top 10 exchanges comprising BTC’s highest trading volume can be found with BTC pairing USDT.
While there’s no specific reason outlined behind BTC’s new peak yet – but few members from crypto community thinks Libra’s launch excitement led BTC runs on a positive graph. In fact, the latest report from CNBC reveals that Joe Kernen, host of CNBC’s Squawk Box is the latest name to join the bandwagon of observers seeing Libra as the push for BTC’s soaring value. He says;
The introduction of Libra illustrated the real benefits of Bitcoin that was absent from Libra says @JoeSquawk
“It’s clearly a positive for Bitcoin,” says Susquehanna’s Bart Smith. pic.twitter.com/GgRYh0y10n
— Squawk Box (@SquawkCNBC) June 24, 2019
With BTC trading at $12,793.25 against US Dollar, do you think it will also break $13k level today.? Let us know in the comment below.!
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Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com