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Bitcoin Price Hits New High Above $6,500
Bitcoin prices have continued to climb today, reaching $6,522 for the first time in its nine-year history.
Bitcoin prices have continued to climb today, passing $6,500 for the first time ever.
The gains come soon after the number world's largest cryptocurrency hit previous highs in recent days, passing $6,300 on Oct. 29, and then $6,400 yesterday.
STORY CONTINUES BELOW
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At press time, the price of a bitcoin is at the fresh high of $6,522, according to CoinDesk's Bitcoin Price Index – a 1.16 percent gain for the day so far. The digital currency started the session at $6,447.
According to CoinMarketCap data, bitcoin is up over 17 percent for the week, and its market capitalization has now peaked at $108.5 billion.
Elsewhere in the markets, rival asset bitcoin cash is also up today, trading at around $492, rising 9.34 percent over the last 24 hours.
The combined market cap for all cryptocurrencies is now $184 billion – also a new record high.
Ferris wheel 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 (See: Editorial Policy).
