+ 0.40
+ 0.12%
+ 1.41
+ 0.41%
+ 1.40
+ 0.34%
+ 1.00
+ 0.6%

Bitcoin Breaks $46,000 Minutes After Surpassing $45,000 For The First Time In History

February 8, 2021 6:12 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Bitcoin Breaks $46,000 Minutes After Surpassing $45,000 For The First Time In History

Bitcoin (BTC) has surpassed the $46,000 mark minutes after it broke $45,000.

What Happened: The leading cryptocurrency has had a record-breaking day, surpassing the $44,000 levels earlier today, rising to $45,000 and then to $46,000 in a matter of minutes, according to a data platform CoinMarketCap (CMC).

The current BTC price spike follows the news about Tesla Inc (NASDAQ:TSLA) buying $1.5 billion worth of bitcoin, according to its SEC filing.

What Else: CoinMarketCap has announced today it had “experienced an all-time high in traffic.”

“On CMC, almost all of the top ten ranked cryptocurrencies are up as well (with the exception of XRP), which shows that sometimes, altcoin prices tend to correlate (at least temporarily) with large Bitcoin movements in either direction,” a CMC spokesperson has said to Benzinga.

The surprising part is that the majority of users were not interested in Bitcoin.

“During the Bitcoin price increase today, we actually saw higher traffic on DOGE's coin page than on Bitcoin's.”


Cryptocurrency Markets

Related Articles

BitTorrent Cryptocurrency Surges 197% As It Becomes Next Pump Target After Dogecoin: What You Need To Know

BitTorrent (BTT) cryptocurrency has skyrocketed 197% over 24 hours and 295% over a seven day period leading to press time at $0.0015 on Tuesday. read more

This Week In Cryptocurrency: Yale Invests In Crypto, Coinbase's $8B Valuation

The cryptocurrency market finished a difficult week on a low note on Friday, with most major currencies trading down on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market this week and which currencies were on the move. read more

XRP Plummets Another 19% As Coinbase Delivers Latest Jolt

XRP (XRP) traded 19.14% lower over a 24-hour trailing period at $0.227 at press time, as per CoinMarketCap data. What Happened: Coinbase, a major cryptocurrency exchange desk based in Silicon Valley, delivered another jolt to Ripple on Monday, saying it had decided to suspend the XRP trading pairs on its platform in light of the SEC lawsuit, starting Jan. 19. read more

Three Unique Ways To Invest In The Burgeoning Crypto Space

Many investors over the past six to nine months have watched in awe as Bitcoin, Ethereum, and crypto related stocks have skyrocketed in value. Bitcoin, the largest crypto asset by a large margin, is up just under 100% year to date through 3/29/2020 and is currently trading around $58,500 per coin. At this price the market cap of Bitcoin is just above $1T USD. read more