Market Cap: $3,350,465,516,360
24h Vol: $162,289,815,217
Cryptocurrencies: 27846
Markets: 116350
Cryptocurrencies: 27846
Markets: 116350
Market Cap: $3,350,465,516,360     
24h Vol: $162,289,815,217
Seeking Alpha 2021-02-10 14:48:43

Bitcoin Hits $48,000 On Tuesday

Bitcoin Hits $48,000 On Tuesday
Bitcoin reached a price in excess of $48,000 on Tuesday as the frantic pace of trading for the cryptocurrency continues to soar as more and more people are drawn in.Cryptocurrencies have been around for a while, but, up to this point, have really stayed in the shadows as the industry grew, developed, and evolved.Now, however, more and more "powerful" people and corporations are being drawn to cryptocurrencies and this has raised the whole profile of the space.Elon Musk at Tesla, Inc. has committed to $1.5 billion in bitcoin and some are saying that this "may open the floodgates" to the real expansion of the industry.
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