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Writer's pictureFahad H

Bitcoin Continues To Hit New 2019 Highs Climbing Past $6,400 – May 10th Cryptocurrency News


Price Of Bitcoin $6,432 as of 3pm EDT.

The crypto market began 2019 on a unfavorable be aware, however just lately the crypto market has been on a extra optimistic path. Today the entire cryptocurrency market cap surged previous $193 billion. And at this time Bitcoin hit its highest degree to date this 12 months because it climbed $6,300.

The final time we noticed Bitcoin over $6,000 was in November 2018. This day final 12 months the value of Bitcoin was over $9,300. Bitcoin’s dominance is rising once more and it at the moment dominated greater than 58% of the entire crypto market. Ether at the moment dominated greater than 9% and XRP greater than 6%. This day final 12 months Bitcoin solely dominated round 36% of the entire market as different crypto’s had been gaining recognition.

The crypto market carried out very well this week regardless of unfavorable information concerning Binance’s safety breach, the place hackers stole over $40 million value of bitcoin. This week Binance one of many world’s largest cryptocurrency trade introduced that it has suffered a cyber assault and hackers managed to acquire 7000 bitcoin in only one transaction. Binance will even be including {hardware} system assist, corresponding to YubiKey and different units, very quickly. Binance plans to run an occasion and provides away 1,000 YubiKeys as quickly as that characteristic is applied.

Please keep in mind that is information, not funding recommendation.

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