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Bitcoin price hits all-time high, while major card issuer embraces crypto | |
(about 5 hours later) | |
Bitcoin has reached a new record high, soaring past the $68,000 mark for the first time ever. As altcoins follow suit, the total market capitalization of all crypto tokens approached $3 trillion. | Bitcoin has reached a new record high, soaring past the $68,000 mark for the first time ever. As altcoins follow suit, the total market capitalization of all crypto tokens approached $3 trillion. |
Reaching an all-time high of $68,382, bitcoin rose by nearly 5% during Asian trading hours on Tuesday. As of 05:30 GMT, the rally slowed, but the cryptocurrency was still trading close to the $68,000 mark. | Reaching an all-time high of $68,382, bitcoin rose by nearly 5% during Asian trading hours on Tuesday. As of 05:30 GMT, the rally slowed, but the cryptocurrency was still trading close to the $68,000 mark. |
Since the start of October, bitcoin has been bullish, with the crypto market in total adding nearly $1 trillion to its total value in one month. The total market capitalization of cryptocurrencies reached nearly $3 trillion overnight, according to CoinMarketCap. As bitcoin is increasingly viewed by investors as a store of value asset, blockchain data from Glassnode shows that the number of unique wallets with a positive bitcoin balance is now edging close to its record high of 38.7 million in May. | Since the start of October, bitcoin has been bullish, with the crypto market in total adding nearly $1 trillion to its total value in one month. The total market capitalization of cryptocurrencies reached nearly $3 trillion overnight, according to CoinMarketCap. As bitcoin is increasingly viewed by investors as a store of value asset, blockchain data from Glassnode shows that the number of unique wallets with a positive bitcoin balance is now edging close to its record high of 38.7 million in May. |
Ether, the world’s second-largest cryptocurrency by market capitalization, also set a new record on Tuesday, reaching $4,823.95 per coin. | Ether, the world’s second-largest cryptocurrency by market capitalization, also set a new record on Tuesday, reaching $4,823.95 per coin. |
Meanwhile, CoinDesk reported that Mastercard has launched crypto-linked payment cards in the Asia-Pacific. The cards will enable consumers and businesses across the region to instantly convert cryptocurrencies into traditional fiat money for payments, the company said in a statement on Monday. | Meanwhile, CoinDesk reported that Mastercard has launched crypto-linked payment cards in the Asia-Pacific. The cards will enable consumers and businesses across the region to instantly convert cryptocurrencies into traditional fiat money for payments, the company said in a statement on Monday. |
Mastercard also said last month it was working on ways to allow merchants and banks in the US to build cryptocurrency into their offerings with digital asset platform Bakkt. | Mastercard also said last month it was working on ways to allow merchants and banks in the US to build cryptocurrency into their offerings with digital asset platform Bakkt. |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
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