Bitcoin rally cryptocurrency continues – on Tuesday, the coin overcame the mark of $ 8,000, the market capitalization of the asset exceeded $ 141,870 billion.
On Tuesday night, Bitcoin on some trading platforms overcame the mark of $ 8,100. So, for example, on Coinbase crypto-exchange the indicator was fixed at $ 8,195, that is, we can talk about an increase in the rate by 17.4% or $ 1.214 during the daily trading session. Over the past 90 days, the coin rate has increased by 127%; over the past 30 days, we can talk about a 60% price increase.
Changes in the BTC market have become the growth driver for the main altcoins. For example, Ethereum managed to break out of the $ 200 mark, the market capitalization of the coin exceeds $ 22.220 billion. Many analysts see a similarity between what is happening now on the market with the situation that was observed at the close of the bear market in 2014-2015.
The BTC's dynamics resemble a parabola – after the course reached $ 198, the rally started, as a result of which the value of the coins increased by 150%, reaching $ 499. It is assumed that the situation may repeat, at least we can already say that the price of BTC increased by 150% after the minimum of $ 3,128, which was established on December 15, 2018.
Meanwhile, the well-known venture investor Tim Draper recently announced that by 2023, the share of BTC transactions in the global market will increase to 5%.
