Bitcoin Price Could Hit $15,000 This Year

Christopher Matta, Goldman Sachs

According to my estimates, the recent tx spam on the ETH network cost up to ~$15m USD

Vitalik Buterin

Bitcoin Exchange Rate Is Increasing

On Thursday, November 8, 2018, bitcoin exchange rate is at the level of 6500, altcoins have begun to growth, the capitalization of cryptocurrencies has increased significantly.
The total capitalization of the crypto market has increased by 6,625 billion, which is more than 3 %, and is 220,202 billion dollars. The daily trade volume of the cryptocurrency market has increased by 2.968 billion (22.5%) to 16.168 billion dollars. The total capitalization of bitcoin has risen to 113,319 billion dollars. The dominance of the most popular digital currency has fallen by 0.8% to 51.5%.
On Wednesday, November 7, as of 19: 00, the bitcoin BTC/USD rate is at the level of 6 557 us dollars. The price of bitcoin rose by $ 100 per day.
Bitcoin added about 1.5% to its price but the rest of the top crypto-currencies grew much more significantly. The fact that virtual coins will continue to rise in price is evidenced by a significant increase in daily trading volume.
Bitcoin Cash, remains the leader among altcoins. It has risen by almost 11% during the day. Ethereum, Ripple and Stellar have also increased by more than 5%.
Trade volumes of the altcoins are: Ethereum – $ 1.9 billion, Ripple – $1.2 billion, Bitcoin Cash – $1.1 billion, EOS – $802 million. The capitalization of the top cryptocurrencies is: Ethereum – $ 22.5 billion, Ripple – $21.4 billion, Bitcoin Cash – $10.8 billion, EOS – $5.2 billion.