Bitcoin remains close to record highs on Wednesday after rising above $ 8,000 for the first time in nine years on Monday, fueling worries about an asset bubble.
On the Bitfinex stock exchange based in the United States, Bitcoin was at $ 8,270.90 at 08:05 AM ET (01:05 PM GMT).
On Tuesday, he touched $ 8,310.20, a high since his inception nine years ago, before losing more than $ 400 after a $ 31 million flight of cryptocurrency revived market anxiety.
Bitcoin, which is known for its strong fluctuations, tends to bounce back quickly.
Bitcoin has grown more than 700% this year, with three separate corrections of more than 25%, all of which have given way to subsequent rallies. At current prices, bitcoin has a total market capitalization of approximately $ 137 billion.
Bitcoin remains close to record highs on Wednesday after rising above $ 8,000 for the first time in nine years on Monday, fueling worries about an asset bubble.
On the Bitfinex stock exchange based in the United States, Bitcoin was at $ 8,270.90 at 08:05 AM ET (01:05 PM GMT).
On Tuesday, he touched $ 8,310.20, a high since his inception nine years ago, before losing more than $ 400 after a $ 31 million flight of cryptocurrency revived market anxiety.
Bitcoin, which is known for its strong fluctuations, tends to bounce back quickly.
Bitcoin has grown more than 700% this year, with three separate corrections of more than 25%, all of which have given way to subsequent rallies. At current prices, bitcoin has a total market capitalization of approximately $ 137 billion.