Bitcoin Surges 400% On Coin Stats App to $30,224 BTC/USD, Causes All Time High FOMO Reactions


Everyone in the crypto market is excited about Bitcoin reaching new all-time highs in the future, but Coin Stats seems that it cannot wait for it to happen.

The cryptocurrency portfolio website experienced an issue with the data it gathers and it sent a notification to users saying that the price of Bitcoin surged more than 400% reaching almost $30,000.

Bitcoin Skyrockets 400% on Coin Stats

The most popular virtual currency has surprised many investors that follow its price through Coin Stats. According to what several users reported, Bitcoin increased over 400% and was traded close to $30,000, an increase of 50% compared to its all-time high registered in December 2017.

bitcoin price surges

Many users and crypto traders became very excited about this believing that Bitcoin was really reaching this price level.

However, everything was a problem experienced by Coin Stats. Indeed, other digital currencies such as Ethereum (ETH), XRP or Litecoin (LTC) didn’t experience strange movements, just Bitcoin. Of course, with this price increase, the market capitalization of the the whole market surpassed $600 billion.

This is not the first time that Coin Stats experiences an issue with the data provided about a digital asset. ChainLink (LINK), another cryptocurrency in the market, more than doubled in price, making users believe that the price of the digital asset skyrocketed in a short period of time.

CoinMarketCap, the most popular website providing data about the digital currency market, has also experienced several glitches in the past. For example, back in March 2018, CoinMarketCap displayed a price drop of 5.44 percent, leading to several users to sell their BTC and increase the selling pressure over the asset.

According to CoinMarketCap:

Bitcoin’s price is $37,522.72 BTC/USD exchange rate today. The real-time BTC market cap of $703.09 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $24.85 Billion and live coin value change of BTC -3.33 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$37,522.7208 change ~ -3.33%

Coin Market Cap

$703.09 Billion

24 Hour Volume

$24.85 Billion

24 Hour VWAP

$38.06 K

24 Hour Change

$-1,251.28

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