Bitcoin Price Breaks $20,000 on CEX.io Exchange
bitcoin price

Bitcoin Price Breaks $20,000 on CEX.io Exchange

THELOGICALINDIAN - It seems like the trend of after alltime highs isnt endlessly anytime anon as Bitcoin has sailed over 20500 and has its architect set on 21000

On CEX.io, a accepted Bitcoin exchange, the amount of aloof one bitcoin has burst through $20,000 with no signs of stopping. This may assume insignificant, as it alone one exchange, and on top of that, we’ve apparent Bitcoin prices accelerate over the bazaar amount in illiquid regions, such as Nigeria. Nigeria accurately saw $22,00 prices on bounded exchanges back the amount of Bitcoin for the blow of the apple was about $16,000.

Bitcoin trading at $20,500 at CEX.io

CEX.io hitting $20k is a huge deal, however, as it is the aboriginal BTC/USD trading brace to breach the beam and sustain a $20k barter price. Other added accepted exchanges, such as GDAX and Bitstamp, are hot on CEX’s heels as their markets are assuming prices in the mid-$19,000’s.

Bitcoin’s balderdash run over the accomplished two months has annihilation but drive abaft it, as top exchanges are advertisement almanac levels of new users. Coinbase and its exchange, GDAX, has been ashamed to its amount as the aggregation tries to accord with the $1 billion in transaction volume it is currently experiencing. Bitstamp’s CEO, Nejc Kodric, had this to say about the contempo arrival of users on their site:

As always, time will acquaint if this contempo amount acceleration will abide or will Bitcoin blast as so abounding bodies believe. Contempo announcements of approaching agreement upgrades to Bitcoin, such as a activity lightning arrangement advancing anon abutting year and Schnorr signatures are annihilation but bullish for Bitcoin. Along with that, abounding acceptable advance banks are alpha to action Bitcoin Futures trading for the public. 2024 will be an agitative year.

Where do you anticipate the amount of Bitcoin will go from here? Let us apperceive in the comments below!

Image address of  CEX.io, Shutterstock