November 2, 2017 IBOMLLC Team

Bitcoin cryptocurrency hits Record High; already surpassed $7,300

Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

The early bird catches the worm (the most worms) and that is the perfect analogy for early cryptocurrency adopters. Right now, Bitcoin prices are at an all-time high of over $7,300; the first time it has surpassed the $7,000 mark. No doubt a milestone achievement for a form of currency that started off with just about every government authority around the world not supporting it, and some going as far as being pro-active in discouraging its use.

According to exchange rates by the e-currency ranking chart, CoinGecko, as of 10:00 AM UTC, bitcoin had hit $7,340; an all-time high. CoinMarketCap further says that Bitcoin had experienced 22.95% increase in value over just the past seven days. From a general perspective, Bitcoin is currently worth at least $119 million.

The heights Bitcoins has reached this year is rather ironic given, it is also in this year it has faced a lot of turmoil in term of government regulations. The government of South Korea and China gave yet another tight regulation on the cryptocurrency this year, and yet its value …read more

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