Bitcoin Market Cap Above $20 Billion as Price Surpasses Gold

[kreslik.news]

The BTC/USD exchange rate is now trending at a record $1265 per one bitcoin. And in total, the overall valuation of all bitcoin in circulation is now above $20 billion – a major benchmark market cap never seen before.

The cryptocurrency’s worth still has room to climb if we compare it to the valuation of PayPal (NASDAQ: PYPL), which is now at just over $51 billion – but that is not the comparison that everyone in the community is pointing to right now.

All over the social networks and online forums bitcoin advocates, investors and long term holders are celebrating that its ... (read more)