Good morning Bitcoin: BTC reaches record price in 7 countries

The current price for one Bitcoin (BTC) is currently $12.978.84. That’s 1.92% more than 24 hours ago. If you want to buy bitcoin for $100 now you will get about 0.0077 BTC for this.

The total market cap is $240,424,977,098.04 with a circulation of 18,524,381 BTC.

The Bitcoin (BTC) price has been rising nicely the last few days. However, it is still far from the all-time high. The ~$20,000 of December 2017 is not yet in sight. However, if you do not read the price in dollars, but in other fiat currencies, the price is much higher.

Alistair Milne shares an interesting fact on Twitter. There are (at least) seven countries where the price of BTC is currently at a record high.

The stock of stablecoin Tether USDT continues to increase significantly now that the Bitcoin market is picking up strongly. This is shown by new figures from market researcher Coin Metrics from Boston.

The graph below shows how Tether Inc, the company behind the stablecoin, is increasing its stock. The cryptomint is a rewarding haven for traders as soon as the market is very volatile.

The most liquid trader on the market is still BTC-USDT on the Binance exchange. In the last 24 hours this pair had a trading volume of USD 1.3 billion according to Coingecko.

The bitcoin (BTC) rate reaches a new year record. With a price around $13,000 it looks good. But also other statistics around bitcoin are positive.

The hashrate is at an all time high. Also, more than 60% of all bitcoin has been standing still for more than a year.

Stay up to date

Do you want to stay up to date with the latest bitcoin news? Then follow us on Twitter.

Do you like to learn more about the technology behind bitcoin? Check out the Hup Bitcoin podcast in which we dive deeper into the wonderful world of BTC.