Bitcoin Hits New High of $11,000 After Crossed $10,000 Earlier in the Day

The online money continues to break records: a mere day after reaching $10,000 per Bitcoin, the most popular and expensive cryptocurrency in the world has passed the $11 thousand mark.

The cost of the cryptocurrency units increased 10% in one day. Five days ago, on November 24, they were worth around $8,000.

Since the beginning of the year, Bitcoin has risen more than 11-fold, and its capitalization now exceeds $182 billion. Meanwhile, the total capitalization of the market, as of November 29, exceeded $330 billion.

​Experts associate the rise of bitcoin with the influx of new money to the market and with the expectations of the prompt launch of futures for this cryptocurrency at the Chicago CME Group.

​​Meanwhile, the Bank of Russia announced that the popularity of Bitcoin poses great risks for the global economy.

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