On the eve of its 12th birthday, the most popular cryptocurrency, bitcoin (BTC), surpassed another milestone, jumping above the USD 30,000 level for the first time just a bit more than two weeks after it returned to USD 20,000. Moreover, in a couple of hours since hitting USD 30K, it also surpassed USD 31,000. (Updated at 14:23 UTC with the latest price data.)
At the time of writing (14:19 UTC), BTC trades at USD 31,349 and is up by almost 6% in a day and 25% in a week. The price rallied by 59% in a month and 321% in a year.
BTC price chart:
It is also the best performing major coin today. Other cryptoassets from the top 10 club are showing mixed results today. While bitcoin cash (BCH), ethereum (ETH), polkadot (DOT), litecoin (LTC) are up by 1%-3% in a day, other coins are in red.
Tomorrow, January 3rd is the 12th anniversary of the first block in the Bitcoin blockchain mined, also known as the Genesis block.
As reported, only BTC 4.2m (22%) are currently in constant circulation and available for buying and selling. However, it also estimated that, in 2021, the aggregated BTC exchange balance will rise as more holders seek to realize profits or to trade other cryptocurrencies.
Also, the interest in BTC keeps rising, according to Google data.
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— Mr. Anderson (@TrueCrypto28)
There was no resistance at $30k where everyone thought there will be. I suspect that the bull market just started.
— Ran Neuner (@cryptomanran)
Just to put things into perspective: With a market value of $563bn, #Bitcoin is now more valuable than all but nine… https://t.co/u1sgDOirks
— Holger Zschaepitz (@Schuldensuehner)
#BTC Previous break of ATH lead to a 1615% rally https://t.co/whd8TaEGqJ
— Crypto_Ed_NL (@Crypto_Ed_NL)
Today in Georgia we havd celebration called Bedoba – Fate Day ##Whatever happens will be the course for the rest of… https://t.co/rAgPtis2En
— George Kikvadze 🚀 (@BitfuryGeorge)