Bitcoin creates history, reaches a new peak of $10,831

Bitcoin peaks at $10,831 making history, and driving 10x since January this year.

Published Wed, Nov 29 2017 1:07 AM CST   |   Updated Tue, Nov 3 2020 11:53 AM CST

Bitcoin has not just reached its historic milestone of $10,000 but passed it and some, reaching a new all-time high of $10,831 before falling back down slightly to $10,371 at the time of writing.

Bitcoin creates history, reaches a new peak of $10,831 |

With BTC priced at $10,300+ we have a market cap of $173 billion, which is simply insane. There are only 16.7 million Bitcoins in the world, and with the price not hovering and not going under $10,000 the question on my lips is: will BTC correct and drop to sub $7500 soon? The correction is coming, the only question is when. If the correction isn't coming, how long can BTC sustain this mind-blowing growth?

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. 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.

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