Skip to main content

Quiet Surge: Bitcoin Price Sets New High Above $6,000

Coindesk News

The price of bitcoin has hit a new all-time high, crossing the $6,000 line for the first time.

Markets climbed as high as $6,003.81, according to CoinDesk's Bitcoin Price Index (BPI). This figure surpasses the previous all-time high set on October 13, when the price rose to $5,856.10.

BPI data shows that the price climbed more than $200 in the past hour, with markets showing an average price of $5,697 prior to the ramp. At press time, the price of bitcoin is trading at around $5,968.

Figures from CoinMarketCap.com show that some exchanges are currently reporting a price above $6,000, including Bitfinex and Bithumb, the world's two largest exchanges by volume.

Today's move pushes the network's collective market capitalization closer to the $100 billion line. At press time, according to the BPI, bitcoin's market cap is roughly $99.5 billion.

Update: This story has been updated to reflect new market data after bitcoin's price rose above $6,000.

Reference

Coindesk News

Popular posts from this blog

Changelly Business Partners with Coinomi wallet

Changelly , the leading instant cryptocurrency exchange, has announced its partnership with Coinomi, one of the oldest, safest and most well-known wallets in the crypto industry. Coinomi has fully integrated Changelly’s API right into its wallet application, allowing users to easily swap between a wide range of listed cryptocurrencies.   What is Changelly?   Changelly is an instant cryptocurrency exchange providing the best crypto-to-crypto rates on the market. It is the best way to exchange your crypto coins just in a few clicks. From the first day of launch, we provide our customers with the most profitable rates. Today we’re gonna tell you how we do that. You’ll learn how Changelly calculates and suggests the best rates and see all the magic going on between transactions.   About Coinomi.  Coinomi is a security-first, multi-asset wallet that provides native support for 79 blockchains and 200 tokens reaching the mind-blowing total of 279 coins and tokens...
Read more

FireLotto Airdrop Review

Fire Lotto aims to build a fair international lotto game, with distributed ownership by internet users through owning a stake in FLOT tokens. Fire Lotto will be selling the FLOT token in two stages, pre-ICO and ICO, starting from January 15 and ending the sale event on April 15.(1) Sign Up Here  A lottery game built on the Ethereum blockchain will be a major innovation in the global lottery industry. The lottery industry holds a 29% share of the global gambling revenue [1], and is facing challenges due to the growth of the digital economy. Worldwide demand for more transparent, fair services has grown concurrent with the advance of technologies that enable the change. The distributed, decentralized nature of blockchain technology offers tremendous opportunities for financial technology innovation, and, similarly, for gaming industry modernization. A gaming system built based on the use of the Ethereum blockchain would operate with a high degree of autonomy, and its data...
Read more

What's the Price of Bitcoin Gold? Crypto Traders Still Aren't Sure

From $0 to $2,900 – and seemingly everywhere in between. Bitcoin gold, a new fork of the bitcoin software, may not have been officially launched (or distributed to users), but that isn't stopping the cryptocurrency markets from seeking to determine its potential value (or profiting from its eventual existence). In an interesting twist on a typical distribution, a number of exchanges are now listing a token that represents a claim on the future delivery of bitcoin gold (in advance of it becoming available to all bitcoin users). Ahead of that event, however, traders are seeking to value the asset, which proposes an alternative to the difficulty of competing for rewards on bitcoin's mining network. Still, it's safe to say there's disagreement so far. In interview, analysts expressed a reservation about bitcoin gold, both when speaking about its developer team, and when characterizing the protocol's potential market opportunity. Safiri Felix, a researcher at financ...
Read more