The Traderszone Network

Published in TZ Latest News 17 August, 2017 by The TZ Newswire Staff

How Does Bitcoin’s Market Cap Stack Up Next to Gold, the S&P 500, and U.S. Dollar?

Get your gloves on, because you’re going to need them. Digital currency bitcoin is absolutely on fire after hitting an all-time high of $4,183.30 over this past weekend.

Since concerns about a possible split into two separate currencies riled the bitcoin community in mid-July, the cryptocurrency has since more than doubled in value. This year alone bitcoin has quadrupled in value, while on a peak-to-trough basis over the trailing two-year period we’re talking about a 1,500% increase.

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