While bitcoin’s price cracked a new all-time high of US$1,220, the top ten alternative cryptocurrencies also got a lift from the spike. The rise in bitcoin’s price has brought back a lot of memories from 2013’s upswing, but there are considerable differences in altcoin markets between bitcoin’s two massive bull runs.On February 23, 2017, the price per bitcoin reached a high of over $1,200 across many global exchanges. The price surpassed 2013’s high of $1,165 under new circumstances and an entirely different cryptocurrency environment. These days, there are countless new tokens, ICOs, and over 700 altcoins trying to compete with Bitcoin’s extensive network.
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