Bitcoin price (BTC/USD) surges past $12,000 on Wednesday morning
“It’s the tightening of supply that forces the price upwards and the anticipation of less liquidity coming onto the market,” Charles Hayter, chief executive officer of digital currency comparison site CryptoCompare, recently told CNBC.
In today’s trading, the Bitcoin price stood at $12,707.00, as of 07:45 BST. The digital coin has gained 12.3% in the past 24 hours, Coinmarketcap data shows. Its total market cap currently stands at $225.9 billion, which represents 62% of the combined value of all digital currencies.
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