On the eve of its 12th birthday, the most popular cryptocurrency, bitcoin (BTC), surpassed another milestone, jumping above the USD 30,000 level for the first time just a bit more than two weeks after it returned to USD 20,000.
At the time of writing (12:52 PM UTC), BTC trades at USD 30,723 and is up by almost 5% in a day and 24% in a week. The price rallied by 55% in a month and 308% in a year.
BTC price chart:
It is also the best performing major coin today. Other cryptoassets from the top 10 club are showing mixed results today. While bitcoin cash (BCH), ethereum (ETH), and litecoin (LTC) are up by 1%-3% in a day, other coins are in red.
Tomorrow, January 3rd is the 12th anniversary of the first block in the Bitcoin blockchain mined, also known as the Genesis block.
As reported, only BTC 4.2m (22%) are currently in constant circulation and available for buying and selling. However, it also estimated that, in 2021, the aggregated BTC exchange balance will rise as more holders seek to realize profits or to trade other cryptocurrencies.
Also, the interest in BTC keeps rising, according to Google data.
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Learn more:
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Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, Chainlink Price Predictions for 2021
Crypto in 2021: Bitcoin To Ride The Same Wave Of Macroeconomic Problems
Crypto Adoption in 2021: Bitcoin Rules, Ethereum Grows & Faces Rivals
Crypto in 2021: Institutions Prefer Bitcoin, Retail Open to Altcoins
Corporate Treasuries Caught Between an Inflation Rock and Bitcoin
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Reactions:
There was no resistance at $30k where everyone thought there will be. I suspect that the bull market just started.
Just to put things into perspective: With a market value of $563bn, #Bitcoin is now more valuable than all but nine… https://t.co/u1sgDOirks
Today in Georgia we havd celebration called Bedoba – Fate Day ##Whatever happens will be the course for the rest of… https://t.co/rAgPtis2En