Bitcoin is on the rise, rapidly, and on 26th June, it hit a new 2019 high of $12,278.43, after breaking from its sideways trading pattern of being held below $11,400 for over 11 hours.
What is more striking though is the fact that Bitcoin (BTC) has not only reached all time highs for the year but it has too crossed above 60 percent market dominance for the first time in over 17 months.
Since the beginning of the year (2019), Bitcoin (BTC) has seen an incredible 230 percent gain, which has all the BTC Bulls and analysts very excited about where the price of BTC will skyrocket too.
Currently, Bitcoin’s market capitalisation is holding at an estimated $202.8 billion, which is about $67.1 million more than the market capitalisation of every other cryptocurrency on the market combined.
Since Bitcoin (BTC) has gone past the psychological barrier of $12,000, all eyes are on the cryptocurrency to hit new record highs, which we have not seen before.
Currently, at time of press, the price of Bitcoin (BTC) is, $12,216.57 +8.91%.