Earlier today, the price of bitcoin jumped above $8,900 before retracting back to $8,600 at the time of writing. Other altcoins also a massive surge along with bitcoin. The overall cryptocurrency market has gained nearly 30% in just the first two weeks of 2020. On 14th Jan, bitcoin’s price hit a two-month high when it crossed above $8,500.
$1 billion worth BTC moved from Bitfinex to an unknown wallet.
Earlier today, 124946.622 BTC worth over a billion-dollar were moved from Bitfinex cold storage to an unknown address. The transferred bitcoin represents 0.7% of all bitcoins that have mined so far. The large amount was transferred from one BTC address to the other for a mere fee of just 0.00964, which is around $80 at the time of writing.
BSV, Litecoin, Dash, and other altcoins continue to surge.
Bitcoin hardfork Bitcoin SV (BSV) gained that most during the last two days, at one point, it gained 100% as it reached a new all-time high of $413. Bitcoin Cash (BCH) is up 23%, privacy coin Dash gained 62%, Zcash (ZEC) is up 28%. Litecoin and EOS gained 15% and 20%, respectively. The other lesser-known bitcoin hard fork, Bitcoin Gold (BTG) also gained identical to bitcoin SV as it’s price increased by 105%, making it the biggest gainer of the day.