On the night of Sunday, August 13, Bitcoin once again this week updated its own price record and now it costs more than $ 4000.
Let's check most popular exchanges.
- Bitstamp $4033.77
- GDAX $4117.27
- Bitfinex $4088.2
- Kraken $4123.0
Bitcoin rate at GDAX
Thus, the first crypto currency needed less than 48 hours to rise to this height from the rate of $ 3500, which was first recorded on Friday, August 11.
Already on Saturday, the price of bitcoin exceeded $ 3750, and then $ 3900, and now a $4000 makr was taken. Weighted average rate for Coinmarketcap at the same time at some point exceeded $ 4100. Market capitalization - over $ 67 billion.
Bitcoin Coinmarketcap chart
Specialists marks 3 main reasons of Bitcoin price rise:
- Increased confidence in Bitcoin by the investors
- The upcoming activation of the Segregated Witness protocol,
- Significant demand for Bitcoin in the Japanese markets.
Additionally, the representatives of Goldman Sachs stated that it is becoming increasingly difficult for institutional investors to ignore Bitcoin, and Fidelity Investments, the largest asset management company in the US, announced a partnership with Coinbase, offering new tools for its customers.