Bitcoin surpassed a new threshold of $9,000 at 6:49 am GMT on Sunday, with the surge occurring less than a day after the cryptocurrency hit its previous all-time high of $8,500.
According to the analysts, the surge was stipulated by increased investor interest around the US Thanksgiving holiday and Black Friday shopping.
#Bitcoin Holders right now!$btc #btc #cryptocurrency pic.twitter.com/AXzSS8aU0M
— Tickrate (@TheTickrate) 26 ноября 2017 г.
Analyst: Bitcoin Could Be Temporary Bubble, But People Aren't Betting on That
Bitcoin started the year just above $1,000 and has increased in value by 900 percent. The cryptocurrency's market capitalization has reached $151 billion, making it more valuable than corporations like Siemens, MasterCard, British American Tobacco or McDonald's.
When you see that #BTC raised 9000$ 😍😂😂 #bitcoin #BCH #BitcoinCash #ETH #EthereumClassic #cryptocurrency #Crypto #cryptocurrencies #CryptoNews #gamedev #BlackFriday #weekend #happy #money #CatExpo #Caturday #kitten #kitty pic.twitter.com/eTbn1v1a9y
— Crypto Addict (@CryptoAddict08) 26 ноября 2017 г.
Bitcoin is the first international decentralized digital currency. The system works without a single administrator or central repository, while transactions between people are made directly without an intermediary.
It’s overrrrrrrrr 9000!!!!! #Bitcoinِ #Crypto pic.twitter.com/BMMRZQaENn
— Crypto Maniac (@cryp70m4n14c) 26 ноября 2017 г.
The currency was released as open-source software in 2009 by an unknown person or group under the name of Satoshi Nakamoto.