Bitcoin keeps rising as bulls run wild

Bitcoin keeps rising as bulls run wild

On Monday, Bitcoin reached the $3,000-level for the first time, while Ethereum managed to leap to another all-time peak because a monster soar keeps advancing amid bullish sentiment around the future of the cryptocurrencies.

Bitcoin got to a daily peak of $3,000.00, its highest value on record. Last it traded at $2,944.60, soaring  $63.60 on the day.

According to other big exchanges, including Bitfinex, BitStamp and Poloniex, the cryptocurrency also reached the $3,000-level.

Since the beginning of the year, the price of bitcoin has inched up approximately 200%, thus taking the total value of the cryptocurrency in circulation to about $48 billion.

Recent revenues were probably driven by ascending demand in Asia, most notably China, South Korea and Japan.

As for other cryptocurrencies gained too, following bullishness around Bitcoin. For instance, another well-known cryptocurrncy Ethereum is currently gaining traction.

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