Bitcoin breaks through $12,000 like it's no big deal

Bitcoin is on the rise again.

On Wednesday, the price of one bitcoin broke through $12,000, a first for the cryptocurrency. At time of writing, Bitcoin is trading at $12,740, according to CoinMarketCap. 

Bitcoin's market cap broke $200 billion for the first time as well, and is currently at $213 billion. The total market cap of all cryptocurrencies is now at around $375 billion. 

Just one week ago, Bitcoin passed the $10,000 barrier for the first time. Soon after that the price fell to about $9,300, but the correction was short-lived.  Read more...