Bitcoin continues to set new price records, topping $ 35,000 for the first time on Jan. 5.
According to Coinmarketcap, Bitcoin’s market capitalization is currently $ 645,217,794,787.
After the previous record of around 34,800 US dollars was set on January 3, Bitcoin price saw a rapid drop to $ 28,000 the next day.
However, the fall has been short-lived since then Bitcoin price rebounded quickly, reaching new all-time highs above $ 35,800 around 4.30 a.m. (UTC).
The price of bitcoin has increased by around 80% since reaching new highs on December 16and it’s up 22% in seven days.
The new record was reached a day later the office of the US currency auditor Publish a guide that gave green light for federal banks to use public stable coins and blockchains to process payments.
Ethereum has also topped $ 1,100 along with the recent Bitcoin price surge, gaining 44% over the past week.
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