close
Choose your channels
Home » Headline News » Bitcoins hit an all time high of $12000 !- details here

Bitcoins hit an all time high of $12000 !- details here

Wednesday, December 6, 2017 • Tamil Comments
Listen to article
--:-- / --:--
1x
This is a beta feature and we would love to hear your feedback?
Send us your feedback to audioarticles@vaarta.com

The world’s largest cryptocurrency Bitcoins reached an all time high of  $12,000 today. Only last week did the currency breached the mark of $10,000 and now it holds a staggering market capitalisation of $200 billion.

The Bitcoin rose 4.6% last 24 hours and about 20% in the past seven days holding 56.2% of the world’s total cryptomarket currency. When Bitcoin was started in the beginning of 2017, it only had below $1000 and within a year it has grown by 1100% in a short span of time.

It should also be noted that this surge in the Bitcoins might be due to the release of regulated futures contracts which only goes to show that more and more institutions are increasingly investing in Bitcoins and other crypto currencies.
 

Follow us on Google News and stay updated with the latest!   

Comments

Welcome to IndiaGlitz comments! Please keep conversations courteous and relevant to the topic. To ensure productive and respectful discussions, you may see comments from our Community Managers, marked with an "IndiaGlitz Staff" label. For more details, refer to our community guidelines.
settings
Login to post comment
Cancel
Comment

Headlines

T.S. Balaiya made M.G.R. a hero... narrated by Jai Balaiya Ganesh. T.S. Balaiya made M.G.R. a hero... narrated by Jai Balaiya Ganesh.
Sivakarthikeyan has a strong interest in drama... The reason behind my success is Kamal... says Crazy Mohan. Sivakarthikeyan has a strong interest in drama... The reason behind my success is Kamal... says Crazy Mohan.
It was wrong for Savitri to love Gemini. Everyone has a dark side... says actor Rajesh. It was wrong for Savitri to love Gemini. Everyone has a dark side... says actor Rajesh.
In Andhra, Gemini was the villain, and there was emotional pain with her sister... Savitri's daughter Vijaya Chamundeswari. In Andhra, Gemini was the villain, and there was emotional pain with her sister... Savitri's daughter Vijaya Chamundeswari.
GHMC Cracks Down on Unauthorized Wall Posters and Writings in Hyderabad GHMC Cracks Down on Unauthorized Wall Posters and Writings in Hyderabad
Looking at Crazy Mohan's dialogues, I developed an inferiority complex... explains Visu. Looking at Crazy Mohan's dialogues, I developed an inferiority complex... explains Visu.
Love letters in bundles... it was women who pursued him... - Kamala Selvaraj Love letters in bundles... it was women who pursued him... - Kamala Selvaraj
Why did you choose alcohol as your companion, Amma?... Jayachitra on Nadigaiyar Thilagam (Savitri) Why did you choose alcohol as your companion, Amma?... Jayachitra on Nadigaiyar Thilagam (Savitri)
The truth that Sowcar Janaki says: 'If a biopic of politicians is made, it will stink The truth that Sowcar Janaki says: 'If a biopic of politicians is made, it will stink
Essential Things to Know About Homam | Spiritual Speaker Vijaykumar Essential Things to Know About Homam | Spiritual Speaker Vijaykumar
The astrologer said that I will act till the end of my life... Vennira Aadai Moorthy The astrologer said that I will act till the end of my life... Vennira Aadai Moorthy
Vel Maaral Maha Mantra: The Power of Murugan and Its Transformative Effects on Your Life! Vel Maaral Maha Mantra: The Power of Murugan and Its Transformative Effects on Your Life!