Bitcoin is rising – has increased hundreds of dollars in the last 24 hours

Bitcoin is rising – has increased hundreds of dollars in the last 24 hours.

Image source: Shutterstock / Trijo News

Christian Ploog

christian.ploog@trijo.co

On Friday, the bitcoin price made a jump.

Late on Friday night (CEST), the bitcoin price took off. From having been traded around $8,200 earlier in the day, the price soared several hundred dollars in a short time – and topped out at $8,780 during Saturday morning, according to numbers from Bitstamp.

This is an increase of seven percent and the highest price since the beginning of June.

On its way to $9,000?

Since the peak level, however, the price has dropped slightly and a bitcoin is currently trading at around $8,650.

Now many wonder if the bitcoin price can continue to $9,000 over the weekend.

Bitcoin’s total market cap is currently $154 billion. The world’s biggest cryptocurrency also currently represents 56.5 percent of the total market cap of all cryptocurrencies, according to Coinmarketcap.

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