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Friday, October 20, 2017

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

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

The price of bitcoin has hit a new all-time high, crossing the $5,900 line for the first time.

Markets climbed as high as $5,996.10, 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 $5,996.

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.


Full story at http://bit.ly/2yCzsO5


Source: CoinDesk


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