Another digital currency, Ethereum, also hit an all-time high of USD 485.19 November, 25 according to CoinMarketCap. This price increase is driven by the launch of the shopping season within the US, financial analysts consider. Moreover, Coinbase, a large Bitcoin exchange in the US, added about 100,000 accounts between November, 22 and November, 24 — just around Thursdays Thanksgiving holiday — to a total of 13.1 million.
Other cryptocurrency statistics revealed by CNBC show that the US dollar-Bitcoin trading volume accounts for 24% of total trading in the cryptocurrency, while the Japanese yen has the largest share at 59%; the South Korean won comes third at 10%.
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