NEWSBTC: Bitcoin Surpasses $11,700, Steven Seagal Endorses Bitcoiin2Gen ICO - Feb 20th Cryptocurrency News
Bitcoin is finally starting to regain its strength but will it be able to reach a record high any time soon. We last saw it hit a record high surpassing $20,000 on December 17th. Bitcoin currently dominates around 38% of the total cryptocurrency market. This time last year it was around 85%. Ethereum dominates around 18% of the market. Ether hit a record high on January 14th climbing past $1,400. We then saw it fall all the way below $700 on February 6th, today it is remains around $940.
Bank of England Governor Mark Carney told students this week at Regent’s University London that, Bitcoin “has pretty much failed thus far on... the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange.”
Celebrities like Paris Hilton and Floyd Mayweather have all gotten involved in the crypto world, and one of the latest celebs to follow this trend is Stephen Seagal. He is now the official ambassador of Bitcoiin2Gen, which is launching its ICO.
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