Another day, another record-setting bitcoin price. Bitcoin broached the $3,400 level for the first time in history and has $3,500 in its sights. Ethereum, meanwhile, is gradually approaching $300, empowering the cryptocurrency market cap to cross $120 billion and set a new record of its own.
In short, it’s a great time to be a hodler. The cryptocurrency market cap began August below $90 billion but has experienced a full-blown eruption in the days that have followed. On August 2, the crypto market cap broke through $100 billion following the UAHF that created bitcoin cash. By August 5, it had passed another checkpoint – $110 billion. Two days later, it climbed past $117 billion to set a new all-time record.
More here...courtesy of www.cryptocoinsnews.com.This is indeed a great time to be a HODLER of Bitcoin and even with Ethereum as their value are surging high and even creating new record high. I am then wishing that the soar of the value can go on and will eventually breach the $3,500 level even if there can be some corrections after this. No bubble pop, please.