Post fork, Bitcoin is surging up once more, reaching $3,000 for the first time since June, and surpassing $3,200 for the first time. This was accompanied by a peak in trade volume, and bitcoin’s market cap rests at around $54.13 billion at press time.
Bitcoin Going Strong
According to the CoinDesk Bitcoin Price Index (BPI), the price of bitcoin has shot up again, surpassing $3,200 for the first time. Market data indicates this latest surge started after 1:00 UTC on August 5, when the price of bitcoin surged past $2,900. By about 3:12 UTC, the price breached the $3,000 mark.