On 30th March 2017 the market cap for Bitcoin
BTC was just under
$17 billion USD. Today (29/11/2017) the market cap of
BTC is over
$177 billion USD. It's the law of supply and demand. In just over 7 months, an extra
$160 billion USD has come into
BTC but the
BTC supply hasn't increased at the same rate therefore driving up prices from
$1,061USD on 30/3/2017 to today's price of
$10,637.50 on 29/11/2017.
