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Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range

The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash per second (EH/s). As of today, October 1, 2020, bitcoin (BTC) has closed above the $10,000 price range for 66 straight days. The last time BTC saw the price stay above $10k consecutively was on December 1, 2017, when the crypto asset posted a record 62-day streak. Coin market capitalization…

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Market Update: Cryptocurrency and Gold Markets Fueled by Failing Global Economy

The cryptocurrency economy has spiked significantly on July 26 into the overnight trading sessions capturing over $300 billion in value. Bitcoin is trading above the $10,360 zone while ethereum is swapping for $321 per coin. Meanwhile, the precious metals gold and silver have seen incredible gains as well on Monday. The Crypto Economy Surpasses $300 Billion While the global economy has been shuddering, precious metals markets and cryptocurrencies have seen significant value flow into these ecosystems. On Monday, July 27 the entire cryptocurrency market capitalization of all 5,700+ coins in existence is around $304 billion. Ethereum (ETH) has gained 3.9%…

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Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard

The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market valuation. At the time of writing, the crypto economy is a force to be reckoned with as a number of digital assets have grown more valuable this week. Bitcoin (BTC) is hovering between $9,900 and $9,950 during the course of the late afternoon (ET) trading sessions. BTC is up over 2.3% today…

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