Saturday, October 21, 2017

Bitcoin tops $6100 and over a $100 billion market cap

On Oct. 21 Bitcoin hit another new all-time as it soared through the $6000 to currently rest just under $6200 per coin.  And this move also achieved another milestone with this singular cryptocurrency now holding a market cap of over $100 billion.

Bitcoin's total market capitalization (market cap) has surpassed $100 billion, making it worth more than many U.S. companies. 
At this level, Bitcoin is worth more than investment bank Goldman Sachs Group Inc. and household names like eBay Inc.
The digital currency reached this milestone shortly after breaking through $6,000 earlier today.  
After rising past this level, the cryptocurrency has returned more than 500% year-to-date (YTD). - Forbes


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