In Brief Post fork, Bitcoin is surging up once more, reaching $3,000 for the first time since June, and surpassing $3,200 for the first time. This was accompanied by a peak in trade volume, and bitcoins market cap rests at around $54.13 billion at press time. <\/p>\n
According to the CoinDesk Bitcoin Price Index (BPI), the price of bitcoin has shot up again, surpassing $3,200 for the first time. Market data indicates this latest surge started after 1:00 UTC on August 5, when the price of bitcoin surged past $2,900. By about 3:12 UTC, the price breached the $3,000 mark. <\/p>\n
Although many predicted bitcoin would not fare well after the fork, these numbers seem to indicate otherwise. In fact, as Redditors have been discussing, Bitcoin is now worth more than $1 for each day it has existed. Senior Goldman Sachs technician Sheba Jafaris prediction about bitcoin starting a wave V during which its value could reach almost $3,700 is looking on point.Disclosure: Several members of the Futurism team, including the editors of this piece, are personal investors in cryptocurrency markets. Their personal investment perspectives have no impact on editorial content. <\/p>\n
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\nBitcoin Just Reached a New All-Time High - Futurism - Futurism<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"