$20K, All time high, ATH, Bitcoin (BTC), bitcoin cash BCH, bitcoin price $20k, BTC, BTC all-time high, BTC ATH, crypto assets, crypto economy, Cryptocurrency, Ethereum (ETH), gold, Market Prices, Prices, safe alternative, safehaven, trading, Vijay Ayyar, XRP

Digital currency markets are on a tear this week, as a myriad of crypto assets have seen enormous gains during the last two days. Then finally, on November 30, 2020, the largest blockchain in terms of market cap, bitcoin (BTC) surpassed the crypto asset’s 2017 all-time highs (ATH) after crossing the highly anticipated $19,860 zone on Monday morning (EST).

  • The entire cryptocurrency economy has spiked in value considerably and on Monday, November 30, 2020, as there’s over $34 billion in global trade volume. Moreover, out of the 7,500+ crypto-assets in existence, the market valuation is hovering well above the $547 billion zone.
  • Bitcoin (BTC) prices have touched a lifetime all-time high surpassing $19,666 per unit (Bitstamp ATH) on Monday, November 30, 2020, by reaching $19,864. The crypto asset is up over 8% during the last 24 hours, 5% for the week, and over 40% during the last 30 days.
$20K, All time high, ATH, Bitcoin (BTC), bitcoin cash BCH, bitcoin price $20k, BTC, BTC all-time high, BTC ATH, crypto assets, crypto economy, Cryptocurrency, Ethereum (ETH), gold, Market Prices, Prices, safe alternative, safehaven, trading, Vijay Ayyar, XRP
Bitcoin (BTC) chart on November 30, 2020. Data stems from the exchange Bitstamp. 1-day BTC/USD chart. All-time high price is based on the exchange Bitstamp’s ATH record on December 17, 2017.
  • Despite BTC’s price lift, the coin’s dominance index (market cap value measured against the entire valuation of all crypto markets) remains at 63% today. Bitcoin’s dominance index has not increased higher, because numerous altcoins have seen massive gains during the last 48 hours.
  • At a current price of over $19,500 per unit, bitcoin’s market cap today is hovering at around $362 billion. BTC’s market cap is larger than each of the world’s four largest banks; JPMorgan Chase USA, ICBC China, BAC USA, and CCB China.
  • BTC’s SHA256 hashrate (processing power) is coasting along at 130 exahash per second (EH/s) and there are 17 mining pools pointing hashrate at the network. Mining on the bitcoin (BTC) is difficult today as the difficulty metric is 19.16 trillion but in 13 days, it’s expected to increase to over 20 trillion.
  • Bitcoin’s issuance rate or inflation rate has dropped considerably since the third block reward halving this past May. Back then the inflation rate was hovering at around 3.6 to 3.8% and on Tuesday in late November, the inflation rate is now 2.69% and continues to shrink.
$20K, All time high, ATH, Bitcoin (BTC), bitcoin cash BCH, bitcoin price $20k, BTC, BTC all-time high, BTC ATH, crypto assets, crypto economy, Cryptocurrency, Ethereum (ETH), gold, Market Prices, Prices, safe alternative, safehaven, trading, Vijay Ayyar, XRP
Bitcoin (BTC) chart on November 30, 2020. Data stems from the exchange Bitstamp. 1-week BTC/USD chart.
  • “The narrative of bitcoin as a safe alternative to traditional finances is being established without a doubt,†Vijay Ayyar, Head of Asia Pacific & Luno Exchange at Luno told news.Bitcoin.com. “Gold is starting to become less relevant especially for the younger population and investors and this shift from Gold to bitcoin has just begun.â€
  • The second-largest blockchain, in terms of market cap, ethereum has increased a great deal in value during the last week. Ether is trading between $590 to $600 per ETH and the crypto asset is up 0.54% this week and 58% for the last 30 days. Ethereum’s market valuation on November 30 is roughly $67 billion.
  • The third position held by XRP has seen a jump of over 8% during the last week. XRP is currently swapping for $0.64 per unit and 30-day stats show XRP has climbed over 94% to get to its current position. XRP’s moves have managed to push tether (USDT) down a notch to the fourth-largest position.
  • The fifth-largest blockchain, in terms of market cap, belongs to bitcoin cash (BCH) on Monday, November 30. BCH has a liquid market cap of over $5.5 billion and each coin is trading between $290 to $301 per unit. Bitcoin cash prices are still down over 5% during the last seven days and just above 16% for the last 30 days.
  • At the time of publication, bitcoin (BTC) has slipped back some after touching the high on Monday and is currently swapping for $19,500 per coin. A second attempt to break the $20k price zone could very well be in the cards later today.

Check out all the crypto price action today in real-time by leveraging markets.Bitcoin.com for the latest values on your favorite digital assets.

What do you think about the recent gains stemming from crypto markets and bitcoin’s latest all-time high? Let us know what you think about this subject in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Du lịch nhật bản, hướng dẫn du lịch Nhật và đánh giá địa điểm Nhật Bản Japan travel news, japan travel guides, japan holiday destinations and japan reviews

RELATED NEWS

Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down

An official notice stemming from the Changji prefecture government in Xinjiang details that officials from the Zhundong Economic-Technological Development Park must instruct bitcoin miners to shut down. China’s province of Xinjiang is a highly concentrated region of bitcoin miners and bitcoin activities at the park must cease by June 9, according to the document. Nevertheless, […]

Xem chi tiết: Report: Document Shows Specific Bitcoin Miners in Xinjiang Instructed to Shut Down

Mystery Whale Returns by Moving $35 Million — Miner Transfers 1,000 ‘Sleeping Bitcoins’ from 2010

Two months after the mystery mining whale from 2010 transferred a string of 20 block rewards with 1,000 bitcoin on March 23, it seemed as though the entity was finished, after spending 10,000 bitcoin total. However, it took 78 days for the whale’s next move, as another 20 blocks from 2010 were transferred on Wednesday […]

Xem chi tiết: Mystery Whale Returns by Moving $35 Million — Miner Transfers 1,000 ‘Sleeping Bitcoins’ from 2010

Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K

Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely†headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. McGlone’s opinion follows a number of predictions that say bitcoin could drop to the $20K zone if there’s more pullback in the cards. Bloomberg Commodity Strategist Suggests […]

Xem chi tiết: Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K

Crypto Payments App Bottlepay Is Now Available Across Europe

U.K.-based crypto payments provider Bottlepay has started offering services in other European countries. Users on the Old Continent will be able to send and receive even small amounts of euro and also buy, store and spend bitcoin with merchants accepting cryptocurrency. Bottlepay Promises Low-Cost Transactions in Euro and Bitcoin The Bottlepay app will allow Europeans […]

Xem chi tiết: Crypto Payments App Bottlepay Is Now Available Across Europe

Mike Novogratz: Bitcoin Investors Waiting for a New Narrative Shift

Mike Novogratz declared institutional investors are waiting for the next narrative shift in a recent interview at the Bitcoin 2021 conference in Miami. The CEO of Galaxy Digital thinks the market is now in a consolidation phase after the price crash last month. Novogratz also commented on what the rise of defi could mean for […]

Xem chi tiết: Mike Novogratz: Bitcoin Investors Waiting for a New Narrative Shift

Grand Theft Auto 6 to Feature a Fictional Cryptocurrency

One of the biggest franchises in the videogame industry, Grand Theft Auto, will feature in-game payments of “bitcoin†or another fictional cryptocurrency. Contractors will pay the player with this currency when they need to make anonymous, untraceable payments. This would constitute another push for Bitcoin awareness into mainstream media culture. Grand Theft Auto 6 to […]

Xem chi tiết: Grand Theft Auto 6 to Feature a Fictional Cryptocurrency

Bitcoin Keys Cannot be Hacked: Skeptics Question the Official Colonial Pipeline Bitcoin Seizure Story

On June 7, the United States Justice Department and the Federal Bureau of Investigation (FBI) announced the “recovery†of 63.70 bitcoin from the funds Colonial Pipeline sent to the hackers. The official story has a number of inconsistencies and federal investigators did not disclose how the FBI was able to confiscate the Darkside gang’s private […]

Xem chi tiết: Bitcoin Keys Cannot be Hacked: Skeptics Question the Official Colonial Pipeline Bitcoin Seizure Story

Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional

On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative 401(k) plan that offers in-plan cryptocurrency access. According to the alt 401(k) investment option, Forusall is working with Coinbase Institutional as its retirement plan partner. Forusall and Coinbase’s Institutional Arm Offer Crypto-Infused Alt 401(k) Plan […]

Xem chi tiết: Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional

El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs

White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin

White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin

Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional

Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals

As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows

Bitcoin.com Games Player Gets Lucky Big Time, Wins 5 BTC on Popular Online Slot

FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline Hackers

Other Articles