Bitcoin Hits an All Time Market Cap High!

New ATH Market Cap for Bitcoin

Bitcoin, at the time this article was written, hit a new all time high market cap of $2.65+ billion! As more capital flows into bitcoin not only is it great for anyone holding Bitcoin but it continues to add stability to the market. Long gone are the days that a few million USD could really increase or drop the price. I suspect more and more will trickle into ALT coins (other crypto currencies) since they have a much smaller market cap and % wise there are more gains to be made if you know what you’re doing.

Lets not forget, 150 BTC/hr is being released to the network which also adds to the market cap value as the price hovers around $230 on the popular Mt Gox exchange as well as $216 on BTE-e.

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