Bitcoin Hit 3 Big Milestones This Week

Just saw this on the BitcoinOfficial facebook page, it has been a pretty big week for Bitcoin and if you think about it, the party’s just getting started with the halving less than 100 days away:

Bitcoin hit three big milestones this week

It’s been a blinder of a week for Bitcoin. The pioneering cryptocurrency reached 500 million transactions, and now its daily transactions are hitting levels not seen in the past five months. To top it all off, BTC has wiped out over 45% of its 2019 sell-off in the space of just seven weeks.

The price of Bitcoin has been on an upward stride lately. In 2020 alone, BTC has managed to add over 40% to its price point—advancing from a yearly low of just under $7000 to a current price of approximately $9800. Now, with a dual-month rally under its belt, Bitcoin has succeeded in writing off almost half of its 2019 losses.

Full article here: https://decrypt.co/18788/bitcoin-hit-three-big-milestones-this-week

 

Expert Asked on February 8, 2020 in Bitcoin.
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