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Bitcoin Breaks the $2,000 Mark as Cryptocurrencies Continue to Explode Higher

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dollarvigilante.com / by Jeff Berwick / May 20, 2017

Bitcoin has just broken through the $2,000 level according to the CoinDesk Price Index.

The last time it traded below $1,000 was on March 26th, meaning it has doubled in the last two months. And the last time it traded below $500 was less than a year ago, on May 26th, 2016, meaning it has quadrupled in the last year.

Of course, we’ve been talking about it since it was $3 in 2011.

And here is a flashback from when I was on CNBC in April, 2013 when bitcoin was around $100 and had a total market capitalization of only $1 billion. As of today bitcoin has a market capitalization of over $32 billion!

The entire cryptocurrency space continues to rocket higher as well. There is nothing but green, and big green, on the board for the top cryptocurrencies.

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The post Bitcoin Breaks the $2,000 Mark as Cryptocurrencies Continue to Explode Higher appeared first on Silver For The People.


Source: http://silveristhenew.com/2017/05/20/bitcoin-breaks-the-2000-mark-as-cryptocurrencies-continue-to-explode-higher/


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