Source: CoinMarketCapAs per CoinMarketCap, the Bitcoin-U.S. dollar (BTC/USD) exchange rate catapulted above the $10,000 mark at 11:19:11 UTC. At press time, the cryptocurrency is changing hands at $10,001.50 and is up already 3.87 percent on the day. Its record high occurred at 12:04:14 UTC when it traded at $10,113.70. BTC’s price is up 75.12 percent for the month.
Source: CoinMarketCapJust over two weeks ago, Bitcoin was in major trouble as it’s major upgrade SegWit2x was cancelled abruptly and the system’s “difficulty” protocol slowed the system down almost to a halt. Miners jumped ship and began mining on the Bitcoin Cash (BCH) blockchain as it became the more profitable option, causing things to flip nearly overnight. What saved the original blockchain, however, was the fact that Bitcoin Cash’s difficulty protocol caught up with it and the miners began mining the original blockchain once more. At its peak on November 12th, BCH reached a high of $2306.15 but now, at press time is trading at $1571.58.