The price of bitcoin exceeded the value of $5600 per coin, while continuing to set historic highs.
The growth of quotations of the first cryptocurrency continued today, breaking the psychologically important barrier of $5500 on BitStamp. This exceeded the market capitalization of bitcoin of $90 billion the Total weight of the cryptocurrency market has reached $170 billion.
The share of bitcoins accounts for nearly 55% of the total cryptocurrency market. This overwhelming dominance, but the trader and cryptoanalyst Tuur Demister (Tuur Demeester) predicts that it will continue to grow, potentially to 60% in the next three months, writes Cryptocoinsnews.
The main factor contributing to a record rally in the market of bitcoin is the skepticism of traders that hardwork SegWit2x will be held in November. But even if it takes place, the spin-off from the network of bitcoin can not compete with the existing bitcoin network.
Mining pool F2Pool stopped supporting SegWit2x, becoming the first who officialnjatast support for hard forks. If his example be followed by other mining pools, supporters SegWit2x will lose its main argument in favour of the upcoming hard forks, which aims to change the rules of consensus in the network.
Recall that yesterday, October 12, the price of bitcoin exceeded $5170. Before bitcoin few days ranged from around $5000 per coin.
See also: Bitfinex made an important statement on the division of bitcoin