The price of bitcoin broke a new everyday high on Saturday morning, reaching about $ 60:20 per unit around 6:25 a.m. (ET). Bitcoin now has a $ 1.12 trillion market valuation and a dominance level of about 61.9%, while ethereum now commands nearly 12% of the $ 1.70 trillion capitalization of all 8,792 digital assets in the crypto-economy.
- The price of bitcoin (BTC) reached a new lifetime price of $ 60,120 per BTC on Sunday, March 13, 2021. Over the past 24 hours, BTC has gained 6.9% and more than 23% over the past seven days. At press time, BTC has about $ 27 billion in global trading volume.
- Statistics show that bitcoin (BTC) has risen by 212% and 975.83% against the US dollar over the past three months over the course of 12 months. The one-month percentage statistics show that BTC rose more than 24% on Sunday.
- On Thursday, tether (USDT) is the largest trading pair of BTC achieving 50.2% of bitcoin transactions. This is followed by USD (19.37%), JPY (6.6%), BUSD (5.65%), EUR (5.2%) and KRW (3%).
- Onchain statistics from the Intotheblock statistics show that containers making a profit at the current price are almost 100%. The concentration of large containers is 11% and the container life according to composition is 58% for one year +.
- As BTC has reached a new price high, the network hash rate is also running at 161 exahash per second at the time of publication. This despite the fact that BTC’s mining problems were the highest ever, 21,448,277,761,059 (21.45 trillion).
- Data also show that the number of pools that BTC exploits has dropped from today to 16 pools. F2pool is still the dominant miner in the BTC network, capturing 19.7% of the hash rate or 31 EH / s at the time of publication.
- Furthermore, the Bitcoin network has reached a milestone after transferring $ 3.5 billion worldwide without the help of any banks, corporate entities or governments.
- Bitcoin’s new price highs were positive and Bitfinex CTO Paolo Ardoino is optimistic about BTC’s long-term outlook. ‘Bitcoin has boosted its upward momentum amid relatively low trading volumes. It seems that investors can wait along the sidelines to seek direction. In the meantime, it is important to note that bitcoin is not just an asset to large institutions and corporations, ‘Ardoino said in an investment letter to the Bitcoin.com news service.
- “There is so much work going on in the bitcoin ecosystem,” Ardoino added. ‘Layers are being built that can define how a multitude of payments are made by the end of this decade. Bitcoin is the foundation for this ecosystem to eventually replace the entire payment and credit card industry. ”
- As of this writing, etherum (ETH) is up more than 6% at $ 1,883, Bitcoin Cash (BCH) is up 5.47% at $ 565, and the biggest gain in the top ten is Cardano (ADA) today with more than 7% and exchange for $ 1.15 per unit.
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