The price of bitcoin reached a new historical record on Saturday morning, reaching $ 60,120 per unit around 6:25 am (Eastern Time). Bitcoin now has a market valuation of $ 1.12 trillion and a dominance level of around 61.9%, while ethereum now commands close to 12% of the $ 1.70 trillion capitalization of all 8.792 assets cryptoeconomics.
- The price of bitcoin (BTC) once again captured a new price rise for life reaching $ 60,120 per BTC on Sunday, March 13, 2021. During the past 24 hours, BTC has gained 6.9% and more than 23% during the last seven days. To date, BTC has about $ 27 billion in global trade volume.
- Statistics show that bitcoin (BTC) has gained 212% over the past three months and 975.83% against the U.S. dollar over 12 months. One-month percentage statistics show that BTC is above 24% on Sunday.
- As of Thursday, the tether (USDT) is BTC’s largest trading pair, capturing 50.2% of bitcoin trades. This is followed by USD (19.37%), JPY (6.6%), BUSD (5.65%), EUR (5.2%) and KRW (3%).
- Onchain metrics from Intotheblock statistics show that holders who make a profit at the current price are close to 100%. The concentration of large holders is 11% and the time of holders per composition is 58% for one year +.
- Meanwhile, as BTC has reached a new high price, the network’s hashrate is also hot, at 161 exahash per second at the time of publication. This is despite the fact that BTC’s mining difficulty is the greatest ever, with 21,448,277,761,059 (21.45 trillion).
- The data also shows that the number of BTC mining pools has dropped to 16 pools as of today. F2pool is still the dominant mining company on the BTC network, capturing 19.7% of the hashrate or 31 EH / s at the time of publication.
- In addition, the Bitcoin network has reached a milestone after transferring $ 3.5 trillion worldwide without the help of any banks, corporate entities or governments.
- Bitcoin’s new price spikes have been positive and Bitfinex’s CTO, Paolo Ardoino, is optimistic about BTC’s long-term prospects. “Bitcoin has increased its bullish momentum amid relatively low trading volumes. It looks like investors may be waiting sideways in search of some direction. In the meantime, it is important to note that bitcoin is not just emerging as an asset for large institutions and corporations, ”said Ardoino in an investor note to the Bitcoin.com newsroom.
- “There is a lot of work going on in the bitcoin ecosystem,” added Ardoino. “Layers are being built that may well define how a multitude of payments will be made by the end of this decade. Bitcoin is the fundamental base layer for this ecosystem to eventually replace the entire payments and credit card industry. “
- At the time of writing, ethereum (ETH) is over 6% at $ 1,883, Bitcoin Cash (BCH) is up 5.47% at $ 565, and the biggest winner in the top ten is the cardan (ADA) above 7% today and exchanging for $ 1.15 per unit.
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