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$4,880: Bitcoin Price Climbs to Another All-Time High
Having briefly topped the $4,800 mark for the first time yesterday, bitcoin's price has bounced back to achieve a new high of almost $4,880 today.
[Updated]
STORY CONTINUES BELOW
Having only briefly topped the $4,800 mark for the first time yesterday, bitcoin's price has bounced back to achieve a new high just cents below $4,880 today.
Opening the session at $4,764.87, vigorous trading has seen the value of a bitcoin rise this morning to a record-setting $4,879.24 – up around $115 for the day so far, according to CoinDesk's Bitcoin Price Index. At press time, the price had dropped slightly to $4,876.
The market capitalization of the number one cryptocurrency has now reached over $79.7 billion – also a new high – and a market share of 45.4 percent, according to data from CoinMarketCap.
Elsewhere today, litecoin has also set a new all-time high of over $78, as has the combined market cap of all cryptocurrencies, which now stands at over $175 billion.
Climbing wall image via Shutterstock
Daniel Palmer
Previously one of CoinDesk's longest-tenured contributors, and now one of our news editors, Daniel has authored over 750 stories for the site. When not writing or editing, he likes to make ceramics. Daniel holds small amounts of BTC and ETH (<a href="https://qa.coindesk.com/editorial-policy/">See: Editorial Policy</a>).
