Mon. May 20th, 2019


Tech Startups And Entrepreneur News

Bitcoin broke through $7,500

1 min read

Bitcoin’s offer on May 12 broke through $7,500, a new high in nine months, and the volume of virtual currency transactions has rarely increased.

CoinMarketCap quoted that Bitcoin fell 1.59% to $7,109.03 in Asian trading on Monday, but rose 4.15% to $7,503.87 on the 12th, which was the highest since August 3, 2018. Bitcoin has been over 90% since the beginning of the year, and has risen more than 20% in the past week.

Arthur Hayes, co-founder and CEO of BitMEX, a large-scale virtual currency trading platform, said on Twitter on the 12th that BitMEX’s single-day transaction amounted to $10 billion on Sunday, reaching a record high of $10.03 billion.

Bitcoinist, NewsBTC and other websites reported on the 12th that the virtual currency market weekend trading is generally quite light, and the 12-day trading suddenly became so hot that many people were surprised.

However, although bitcoin quotes have risen 53% in the past 30 days, the keyword search fever on Google has not increased, indicating that the mainstream market has not noticed the price fluctuations of this asset.

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