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Bitcoin's Price Hits A New High Just Below $1,500
Bitcoin’s price is jumping to new highs, according to the CoinDesk Bitcoin Price Index (BPI).
Bitcoin’s price is jumping to new highs, according to the CoinDesk Bitcoin Price Index (BPI).
STORY CONTINUES BELOW
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The average price has reached as high as $1,494.53 as of press time, representing a climb of more than 3% over the course of the day’s trading. The day opened at an average of $1,443.68, BPI data shows.
The price move brings bitcoin’s value closer to the $1,500 level, though several exchanges saw this price emerge during today’s session.
Yet available data shows the price slipping after nearly reaching $1,500, sliding to $1,477.58 at press time.
Prices have hit several new highs in recent days, as reported by CoinDesk, climbing rapidly during yesterday’s session to come within striking distance of $1,500. The developments are notable given that the price first exceeded the $1,400 mark on the BPI on Monday.
Space shuttle 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).
