Published on May 19th, 2017 | by bitcoin0
Bitcoin exceeds $1,900 barrier for the first time ever. All cryptocurrencies market capital crosses $66B.
Bitcoin experts explain the growth with the intention of investors to find safe haven trades.
Chris Burniske, blockchain products lead at ARK Investment Management, said Brazil has a “decent bitcoin community there already”.
Bitcoin has seen more support recently as the future of blockchain, the technology supporting the digital currency, appears more stable.
Bitcoin has a market capitalization of $30.8 billion while the total cap of all cryptocurrencies has reached $66 billion.
The bitcoin community is disturbed now as more than 225,000 transactions are waiting for inclusion within the blockchain.