Well, bitcoin prices have reached another high, crossing the $9,000 mark for the first time. As per Coinmarketcap data, currently, this digital currency is trading at $9642.67.
Because of these gains, the market value of bitcoin has reached another high of almost $150 billion, which takes the combined value of all digital currencies to $258 billion.
It’s also worth noting that Ethereum, the #2 digital currency, which recently crossed $400 mark, is also making moves to reach $500 target.
Lately, some financial experts made predictions that Bitcoin would cross $10,000 mark before the end of this year. As the recent developments are indicating, it could even reach higher and pass $12,000 as well.
What do you think? Do you still consider Bitcoin a bubble? Share your views in the comments section.