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Friday, March 10, 2017

Bitcoin Price Spikes Above $1,300 as ETF Decision Nears

Bitcoin Price Spikes Above $1,300 as ETF Decision Nears

Bitcoin prices saw a significant price spike this morning, briefly shooting above $1,300 to hit a new all-time high.

Markets peaked at an average of $1,325.81, according to the CoinDesk Bitcoin Price Index (BPI), before falling sharply back below that level to hit a daily low of $1,178.54 – a change of roughly $133 within minutes. The price drop appears to have been seen most directly on digital currency exchange Bitfinex, reaching $1,120, BPI data shows.

At press time, the price is an average of $1,263.98, BPI data shows.

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