Bitcoin bulls are showing no signs of fatigue and appear to be targeting $30,000.
Bitcoin continues its crazy rally above historic highs. On December 27, the price of BTC exceeded $ 27,000 and $ 28,000. At press time, BTC is trading just above $ 28,300.
Many experts note that Bitcoin’s growth is due to the altcoin market – Most highly liquid alts cannot support the wild growth of the cryptocurrency flagship.
BTC capitalization above $ 500 billion
In just two months, the price of BTC has doubled –Bitcoin rose by more than $10,000 in December alone. Bitcoin's capitalization is already more than half a trillion dollars, slightly lower than Warren Buffett's Berkshire Hathaway – 10 largest company in the world. Two days ago, BTC surpassed Visa in capitalization.
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