Bitcoin breaks over $5,200: You expected that, right?

Since the beginning of the year, Bitcoin has taken numerous hits from so-called “experts” and gone through a couple of major crashes. And, despite all that, the price of the most-valuable cryptocurrency has set a new record, going over $ 5,200 for the first time today. Bitcoin is up over 500 percent since January 1. Bitcoin’s influence in the cryptocurrency market still looms large. Its market cap, $ 86 billion, represents over 50 percent of the whole market, which is currently valued at around $ 162 billion. Bitcoin’s daily value is around $ 2 billion, far more than any of the other players. In second place, Ethereum… [Continue Reading]