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Bitcoin's Price Passes $13k in New All-Time High
The price of bitcoin has broken to yet another all-time high today, crossing the $13,000 line for the first time.
The price of bitcoin has broken yet another all-time high today, crossing the $13,000 line for the first time.
The CoinDesk Bitcoin Price Index (BPI) has posted a high of $13,017.96, representing a gain of more than 10 percent since the day's open and an overall rise of over $1,300. It also brings bitcoin's total market capitalization to roughly $217 billion, according to the BPI.
STORY CONTINUES BELOW
The move continues the trend reported earlier today when the price of bitcoin posted a $1,000-gain over the course of 24 hours, pushing past $12,000 for the first time earlier today.
At press time, the price of bitcoin is trading at $13,002.44, BPI data shows.
Additional data from CoinMarketCap.com shows that South Korean exchanges continue to trade well above the rest of the market, with Bithumb, Coinone and Korbit reporting trades above $15,000 at press time.
Runner image via Shutterstock
Stan Higgins
A member of CoinDesk's full-time Editorial Staff since 2014, Stan has long been at the forefront of covering emerging developments in blockchain technology. Stan has previously contributed to financial websites, and is an avid reader of poetry. Stan currently owns a small amount (<$500) worth of BTC, ENG and XTZ (See: Editorial Policy).
