Bitcoin breaches $9000 mark; takes a step closer to $10,000

Digital gold, Bitcoin[BTC], crossed the $9000 mark on Coinbase. According to Coinmarketcap, BTC was valued at $9,169 with a market cap of $162 billion, at press time. The 24-hour price change indicated a rise of 5.84% while the 24-hour trading volume was at $19 billion. Most of the trading volume came from BitMEX exchange via trading pair BTC/USD.

Bitcoin saw an astounding breakthrough in May after it breached the $9000 mark on Coinbase. This, however, did not last very long and the coin tumbled down to the $8000 zone, almost immediately. The coin fell from $9090 to a low of $8550 within an hour.

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