TweakTown

Bitcoin reaches its gigantic milestone of $10,000

Bitcoin has reached its $10,000 milestone, with a mountain market cap of $163 billion.

@anthony256
Anthony Garreffa
Published Mon, Nov 27 2017 11:13 PM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Bitcoin has done it, it has reached a new all-time high of $10,000. The leading cryptocurrency has a market cap of $160 billion, making it bigger than some of the biggest companies and even countries in the world.

Bitcoin reaches its gigantic milestone of ,000 10 | TweakTown.com
VIEW GALLERY - 2 IMAGES

Bitcoin started out the year at $1000 before reaching $5000 half way through the year, but it met some resistance once it reached the $7000-ish range and then it has really just been jumping up in leaps and bounds. There are plenty blown away at it hitting $10K, while others call for its doom. No matter what, even if it does drop to $5000 overnight, BTC has reached this new milestone and you can't take that back.

Bitcoin reaches its gigantic milestone of $10,000 11 | TweakTown.com

Blockchain technology and cryptocurrency are here to stay and they're years early, which is why there's this huge interest and hype around them. We might not see Bitcoin accepted everywhere yet, but that's what millions of people said in the cash world about credit. The same people said smartphones and the internet wouldn't change the world, and look at us now. We have 'invisible' money on our tap-and-go credit cards and NFC-enabled payments with smartphones.

Cryptocurrency is the next logical step, but the blockchain technology behind it is what will usher in a completely new world order in financial markets.

Other cryptocurrency-related content:

Man throws away HDD with $71 million of Bitcoin on it

Bitcoin reaches $9000 (Nov 26, 2017)

Ethereum hits new record high of $414, with mining difficulty EASED

China could cut electricity off to Bitcoin miners

Over 2500 websites are mining users' CPUs for cryptocurrency

Bitcoin reaches $8000 (Nov 6, 2017)

Bitcoin reaches $6000 (October 22, 2017)

PolitiFact hacked, caught mining cryptocurrency on users' CPUs

Bitcoin reaches $4500 (October 9, 2017)

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

Related Tags

Newsletter Subscription

Latest News

View More News

Latest Reviews

View More Reviews

Latest Articles

View More Articles