View full page at cryptocraft.com

 

'World is waking up to that': Bitcoin surging as investors flock back to cryptocurrencies

From theage.com.au

Bitcoin is proving to be the one true thing for digital-asset enthusiasts during the sudden resurgence in cryptocurrency prices. As the value of the original crypto coin surged more than 30 per cent to beyond $US8,000 ($11,500) since Friday, Bitcoin's market share as a percentage of the entire crypto universal increased to about 60 per cent from 53 per cent per cent on January 1, according to data provider CoinMarketCap.com. 'Bitcoin's recent dominance amidst bullish conditions is quite interesting since in traditional asset classes we typically see a flight-to-quality amidst bearish conditions,' Josh Gnaizda, chief ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis