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Bitcoin Price Jumps Above $7,350 As Reddit’s Crypto Activity Surges

September 04, 2018

After holding above $7,200 for more than three days, Bitcoin’s price has jumped to $7,374, according to the latest data on CoinMarketCap.

The total market cap of all cryptocurrencies is $240 billion, up about 2% over the last 24 hours.

Meanwhile, a moderator of the biggest crypto-related community on Reddit says traffic has spiked for the first time since December.

The moderator “BashCo”, who works on the Bitcoin subreddit, says a downward trend in traffic ended in August, a sign that more people are once again searching for information about crypto.

https://twitter.com/BashCo_/status/1034728222867505153

If the pace continues, the Bitcoin subreddit will likely hit 1,000,000 subscribers in less than three months.

That number of subscribers currently stands at 919,000.

9/4/2018 This article has been updated to reflect the fact that the Bitcoin subreddit is heading toward one million subscribers.

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