Bitcoin has reached a high of above $1,950 this morning.
Despite Bitcoin dropping below 50% of total cryptocurrency market cap for the first time, the dominant virtual currency has continued to soar this week, breaking above $1950 this morning (as the dollar drifts lower).
Bitcoin is now up 110% against the dollar in 2017...
And this comes as Bitcoin loses its dominance. As the first of its kind to emerge, bitcoin has become synonymous with “cryptocurrency”. But lately it’s been joined by a lot of others – which together now account for more than half of the cryptocurrency ecosystem:
Read more: (Link: www.zerohedge.com)