[속보]Bitcoin Taproot Soft Fork Activated…BTC Price?:Coin Leaders

The Bitcoin (BTC) Taproot soft fork was successfully activated at block height 709632 on the 14th (Korean time).

709632 ?

— jack⚡️ (@jack) November 14, 2021

Cointelegraph, a media specialized in cryptocurrency, said, “This milestone is the first major upgrade of Bitcoin since August 2017.”

The Taproot upgrade aims to improve the privacy and efficiency of the Bitcoin network.

Meanwhile, the world’s largest cryptocurrency, Bitcoin (BTC, No. 1 in market cap), is currently recording about $64,972 on CoinMarketCap as of 3:20 pm on November 14 (Korean time). This is a 2.09% increase from 24 hours ago. Currently, the market cap of Bitcoin is $1.262 trillion, and its dominance is 43.2%.

Earlier, Lucas Engersdorfer, chief product officer of Bitpanda, predicted that “the market may improve as the taproot upgrade takes place.”