Bitcoin and gold have been compared many times, but while the precious metal is reportedly set to suffer its worst week in almost five months, the cryptocurrency’s price recovered from a drop earlier this week and is now hovering well above the $10,000 mark. According to CoinMarketCap, Bitcoin started the month of August trading below $10,000; hitting $9,983.08 per coin at 05:44 UTC on August 1. It then recovered, surpassing the $10,000 mark, reaching $10,036.70 later that day. The cryptocurrency reached its highest value so far this month on August 6 at 10:44 UTC, when it climbed to $12,222.69. Bitcoin dropped…
This story continues at The Next Web
Or just read more coverage about: Bitcoin
from The Next Web https://ift.tt/30pxufc
