Commenting on Bitcoin achieving a new all-time high, Paolo Ardoino, CTO at Bitfinex said:
“Bitcoin has once again rocketed to an all-time high. Bitcoin’s market capitalization has soared past the US$600 billion mark with the king of crypto on course to surpass the market caps of Apple, Google and Facebook. Still, the elegance and technological brilliance of bitcoin represents a very different model. The scramble of institutional investors into the fray with orders to buy bitcoin are a stark recognition of the quantum leap that bitcoin technology represents.”